Leverage may be the new, new thing to sweep the fund industry, but will it be a good thing? Writing the Wall Street Journal's Fund Track column, Daisy Maxey looks at Morningstar separate account performance data of traditional long-only managers who are trying their hand with 130/30 strategies and concludes that their efforts may pay off. The 130/30 portfolio comes from the hedge fund world. The latest mutual fund to follow the strategy will be the BlackRock Large Cap Core Plus Fund, to be managed BlackRock CIO Robert C. Doll Jr. 

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