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Technology Briefs Rydex Calculates Real Returns ROCKVILLE, Md.—Rydex Investments and Portfolio Science introduced a new online modeling tool, the Rydex Real Returns Calculator, designed to assist financial intermediaries in targeting specific risk-return levels within clients' portfolios. The Real Returns Calculator reflects the risk-return effect of adding leveraged and inverse mutual funds or non-correlated asset classes to a portfolio during bear, bull or sideways market environments. Advisers enter their clients' mutual fund holdings by ticker symbol and dollar amount or percentage of portfolio, and then choose a predefined market environment from the past 20 years. The Real Returns Calculator simulates the portfolio's performance in that market, with the option of adding leverage or hedging exposure to specific asset classes. The solution is the result of a yearlong collaboration between Rydex, an investment manager with more than $14 billion in assets, and Portfolio Science Inc., New York, a risk management service provider. http://www.hedgeworld.com/news/read_news.cgi?section=tech&story=tech3383.html |
