Spotlight on Swan Global Investments’ Defined Risk Fund

Mutual funds’ investment strategies can vary widely, with some focusing on aggressive growth, while others have a less risky style that would appeal to fixed-income investors.
Then there are funds like Swan Global Investment’s Defined Risk Fund, which take a hybrid approach.
The fund, which launched in 2012, invests primarily in exchange-traded funds, or ETFs, but also plays the options market with the goal of hedging against big market slumps.
The fund is up about 3 percent this yea