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Thankzzz. I'll buzz by and comb through its prospectus. I believe the ticker is BEEHX. I hope they expand offerings to BEERX and BUZZX.
At first buzz:
They might "play with the numbers". If you take a look at the Expense Ratio, the fund provides a .05% fee waiver that convienently drops the ER to .99% (from 1.04%). Some businesses pride themselves on just this strategy... (99 Cent Stores, Gas pumps, and Used Car lots).
A concentrated portfolio...top 10 holdings make up 45% and top 25 holdings make up close to 95% of fund.
Large Blend fund with little or no exposure to: Basic Materials, Real Estate, Utilities or Consumer Defense.
Comments
At first buzz:
They might "play with the numbers". If you take a look at the Expense Ratio, the fund provides a .05% fee waiver that convienently drops the ER to .99% (from 1.04%). Some businesses pride themselves on just this strategy... (99 Cent Stores, Gas pumps, and Used Car lots).
A concentrated portfolio...top 10 holdings make up 45% and top 25 holdings make up close to 95% of fund.
Large Blend fund with little or no exposure to: Basic Materials, Real Estate, Utilities or Consumer Defense.
Regards,
Ted
M* Snapshot Of BEEHX: http://quotes.morningstar.com/fund/beehx/f?t=beehx