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Oppenheimer Fund Has Hedge Traits
Posted on March 04, 2010 at 17:58 PM EST
Oppenheimer Quest Opportunity Value makes liberal use of strategies rarely used at the typical diversified stock fund. Like many, the $1.8 billion fund buys stocks it sees with a high probability of solid gains. Such finds have been few and far between lately. Quest also sells short stocks it sees on the brink of a deep dive.
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