What do folks think abut using Purpose Multi-strategy market neutral fund (PMM.TO) as a diversifier?
For context, most of my equity holdings are in ETFs (VTI, HXT/XIU and XEF, VRE). Fixed Income holdings are mutual funds - mainly PHN Total return bond. Theory is PMM is a good addition as it has low correlation with all the above.
One concern is low volume. (Average volume is about 800 shares in a day).
Discuss your favourite picks, broker, and trading or investment style.
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