Investing Without Political Risk

A new mutual fund trades only when Congress is out of session.

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By Michael Barone, Thomas Jefferson Street blog

I don't give investment advice, but for those who want to avoid political risk, a portfolio manager named Eric Singer has created Congressional Effect Management, a mutual fund that trades only when Congress is out of session. Singer says that his fund has outperformed the market this year and last. Warning: outperformed the market this year and last means losing less than the market has.

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