As a "knee-jerk" reaction to mutual fund scandals, many mutual fund companies are really clamping down on market timers. I trade exclusive high yield bond funds and do about 8 round trips per year. I personally don't feel that 8 round trips is excessive trading! I recently got booted out of one fund for making just 1 round trip within month.
Does anyone know of any timer-friendly high yield bond funds? Is there an ETF or a mixture of ETF's that can track closely to HY funds?
Your responses will be greatly appreciated!