On the other hand, the comparable PowerShares Buyback Achievers (NYSEArca: PKW) plummeted 54% before gaining back 123%. PKW has an expense ratio of 0.70%. While the T. Rowe Price fund is a mix of stocks and bonds, Meyers remarked that an investor only saved five percentage points on the downside for the added safety but the mutual fund did not capture the upside.
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PowerShares Buyback Achievers
Max Chen contributed to this article.