What is your opinion on WBMAX - Whitebox Tactical Opportunities fund ?
I bought last year as WBMRX but TDA moved me to WBMAX after Whitebox eliminated WBMRX share class.
There is no movement in the fund since I brought, and I am at 2% loss as of today. Usually, I keep the funds for long.
For example, held VHGEX for 10 years, VDGIX for 8 years, etc.
I brought this fund as an alternative for bonds and use it as a hedge fund.
I know Scott has a very good opinion about Whitebox folks. What do you guys think about it?
Are there any better alternatives in this space (tactical/hedge or whatever you call this category) ?