Beware of Funds Pitching Absolute Returns

Absolute return funds are about to flood the market. Here's a good advice by Forbes: "Our advice: Forget absolute-return funds and instead allocate your assets the old-fashioned way. That means investing the portion of your assets you can afford to put at risk in a low-cost index fund or ETF. Put the rest in similar vehicles that own a mix of corporate and government bonds or have a bit of commodity exposure. That will smooth the bumps just fine, but a far bigger portion of the returns will end up in your pocket and a far smaller one in the pocket of a money manager." Link to the article