Bruce Fund

MOZART325

I've had a small Roth IRA with Bruce Fund for about 10 years. The fund has had its ups and downs, but is doing quite well in 2014- up around 9% YTD. Last year they under performed partially because they had positions in ATP Oil and Gas bonds and preferred which went bankrupt.

I like the fund in general because they look for alpha not just beta and they are not afraid to vary from other funds. The expense ratio is reasonable. One slightly annoying thing is they charge a small annual IRA administration fee.

Ted

@MOZART325: Lousy website, but great performance numbers, in the 1st percentile most of it's history.
Regards,
Ted
http://performance.morningstar.com/fund/performance-return.action?t=BRUFX&region=usa&culture=en-US

Charles

If I remember, Bee is a champion of the fund also.

Couple things to note: I believe it is only available through direct purchase. And, though it's categorized a Conservative Allocation fund, it's experienced downside more like a Moderate Allocation fund, or about -40% in 2009.

Charles

Hey, one other thing...

Like Ted notes, it's a top 1% fund across 1, 3, 5, 10 and 20 year periods, using a Morningstar's risk-adjusted-return metric.

But most of BRUFX's long-term performance comes from the 2000-2007 cycle, when it returned a breathtaking 24% per year:



In the 90's, it actually under-performed.

Interesting, no?

bee

I recently open an health svings account with The Bruce Fund. I will add to this hsa for the next 10 years (until age 65). The website leaves a lot to be desired, but I believe my occassional health care related reimbursements won't create too much of a hassle. It would be nice if Bruce accounts could be linked electronically to external bank accounts for dispursement. As mentioned by Mozart325, nice YTD performance.