After the horses are out of the gate for 3 weeks, out of 43, 24 have positive results. Here are my top 5.
FBIOX: ytd: 14.15%, weight of asset: 0.21%
OBCHX: 6.83%, weight: 4.63%
ETGLX: 6.46%, weight: 4.13%
LADYX: 4.02%, weight: 12.62%
OBIOX: 2.72%, weight: 4.27%
And these are my worst 5:
SFGIX: ytd: -2.47%, weight: 0.53%
VVPSX: -1.64%, weight: 0.42%
WSCVX: -1.60%, weight: 2.24%
HDPSX: -1.39%, weight:3.12%
WESNX: -1.39%, weight: 1.10%
Seems like small caps are not as hot, and emerging markets are still half dead. Selective small caps are still OK: LADYX, BUFOX. Shanghai ( which is heavy on property) index is not doing well in the past few years, but OBCHX did extremely well for me in 2013, up 59.56%, amazing.
How are you doing? Let compare notes.
Comments
It's rather early to attempt to draw any conclusions about the new year. Perhaps worth noting that some funds with exposure to commodities & natural resources (ie PRAFX, PRPFX) seem to have awakened from last year's slumber.
Regards,
Ted
SPY -(0.57)%
IJH 0.50%
PFF 0.50%
PRHSX 6.57%
FBTCX Purchased 12/19/13: 16.52%
Regards,
Ted
DLFNX 1.21
PRESX 1.12
PREMX 0.85
MJFOX 0.74
PRWCX 0.62
WORST = SFGIX, at -2.47 and MAPIX at -1.92.
...So, my bonds are among the top 5. Surprise? (MAINX is down just a tenth of a point. It was down about 1.5 for 2013.)
PHSZX 9.40
PJP 4.98
VNQ 2.83
OSMYX 1.30
The three health care/biotec funds/etfs represent only 5% of total portfolio, but 8% of retirement portfolio. Health care in general is about 11% of total, my biggest sector bet. Was real surprised VNQ was one of my higher ytd funds. Glad to see it finally moving.
With performance chasing or momentum trading, you may always have the top returning funds in your portfolio but may not have much of that performance realized yourself. Not to say this is necessarily bad but it is unrealistic to expect to capture most of the gains in high flying funds.
This is why fund managers do "window dressing" buys and sells at the end of quarter!
Regards,
Ted
CMAN makes a good point, though. Don't go barking up the wrong tree. Bark up the meaningful tree.
Regards,
Ted