High beta stocks are terrible in a recession. This fund has no direct market exposure, but takes an aggressive position against high beta stocks. It will rise in recessionary conditions.
BTAL combines a strategy of going long on low-beta stocks and shorting high-beta stocks. It is a market-neutral strategy that helps to balance a portfolio. A 5% position of your overall holdings in a market-neutral is a good rule of thumb.
It is a very simple and easy way to give your portfolio downside protection without having to worry about selling calls or...