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In a tippy-toppy market leverage can also bite you in the itty-bitty bottom.
Also, it's my understanding that Closed End Funds directly can be harder to liquidate (sell) than a mutual funds implementing the same strategy. I don't own River North Opportunity Fund, but does sound like an intriguing fund strategy.
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Also, it's my understanding that Closed End Funds directly can be harder to liquidate (sell) than a mutual funds implementing the same strategy. I don't own River North Opportunity Fund, but does sound like an intriguing fund strategy.