Hedge Fund Blues For Your Mutual Fund Account

It used to be that mutual funds were considered "pedestrian", a way for unsophisticated small investors who couldn't diversify otherwise to enter the equity markets and speculate on potential gains.

Now, however, the mutual fund market has become a place for Hedge fund operators to speculate and, potentially, trash your portfolio if you have a particular kind of fund - a closed end mutual fund.

Read more at the Boston Business Journal.