Nature of Split Funds After reading some of the posts here, I'd suggest those who haven't fully appraised themselves of the nature of Split Funds need to do some DD. Complaining that the shares have lost "half their value" displays a complete lack of understanding of how splits work. They can be very rewarding although also very dangerous when they drop below water. Playing both long and short on these has been very rewarding for me and I know for others but stay uninformed and you play at your own peril.