This fund is killing it this year with a strategy that tracks bonds and just one market sector

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

New for subscribers: This fund is killing it this year with a strategy that tracks bonds and just one market sector Check out CNBCPro for a free trial.

), a tactical fund that's designed to position itself depending on how the S&P 500 utilities sector and Treasurys are performing. This approach has yielded massive returns for the fund's clients.

The fund — which has a five-star Morningstar rating — is up 57.7% for 2020 and ranks in the top percentile among funds in its category. The ATAC fund is outperforming others in the "Tactical Allocation" category by nearly 60 percentage points and its benchmark index by 59.1 percentage points, Morningstar data shows.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Up 5.7% for the year. CNBC is a joke.

Pro How can a financial fake news go down in stock price to $6.00 and change? You all need to fix your own problems before you ruin more innocent people. Jack Welch is laughing at you

Pro What do that means?

Pro Buyer beware. Everything has been skewed by the Feds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines