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1 Comment
WIA: A TIPS Fund for the Conservative Investor [view article]
Yes WIA made some money in the last two years when TIPs ran amok. But is this a conservative investment? Decidedly not! This is just another amateur closed ender where your distributions are more likely to be carved out of capital as they are from interest. The TIPs rampage bailed out these guys in the last year or so; they still have a NAV below inception value. Lastly the manager has a hunting license to mix apples and oranges. Hold on to your wallet here! Mar 18 05:20 PM