Your Money: Jul. 27, 1998

FUNDS SHIFT TO NEUTRAL

With the market hitting choppy water, some mutual funds are trying a balancing act. Firms like Barr Rosenberg and Euclid Advisers have launched market-neutral funds, which bet equal amounts of a portfolio on stocks to rise and fall. The funds are touted as a low-risk investment, but the high fees and taxes--and relatively low returns--extract a high price for security.

FAMILY SECRETS AT WORK

Corporate America is starting to help employees balance work and family, but don't expect the boss to tell you. A new study by the Families and Work Institute found that although two-thirds of...

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