[ QUOTE ]
It seems the discussion has concentrated on the commodity index funds in the list. What are people's thoughts on the equity hedge funds listed? Should there a place in one's portfolio for Long/Short or Market Neutral funds?
[/ QUOTE ]
For a highly diversified portfolio, I believe that long/short and market neutral funds have a place as long as they go up over the long term and move out of lockstep with the other asset classes.
I was rather puzzled as to why the DBV currency futures fund seems to move in concert with the S&P 500 (^GSPC). I realize that the S&P 500 has a lot of foreign business exposure, but it's not clear as to why this would affect currency futures.
Chart of DBV vs. ^GSPC
Can anyone explain this?