A Long Expansion: Smead Value Fund

Ted

FYI: Did you know that the esteemed David Snowball once worked for Marla Brill monitoring her website.
Regards,
Ted
http://www.fa-mag.com/news/a-long-expansion-18093.html?print

Charles

He's certainly done well.

Great Owl...
http://www.mutualfundobserver.com/fund-ratings/?symbol=smvlx&submit=Submit

And I share some of his views on positive outlook.

Think Ms. Brill wrote a good article.

Here's link to David's profile:
http://www.mutualfundobserver.com/2013/06/smead-value-fund-smvlx-july-2013/

His expenses remain too high...1.35% on $775M.

I don't see much in way of downside protection to justify the ER, so he's benefiting from the bull market.

Only in bull markets can long-only fund managers rationalize high ERs...and get away with it. (Ha! At least that is what I want to believe.)

AndyJ

Charles: "I don't see much in way of downside protection to justify the ER, so he's benefiting from the bull market."

That's the reason, as tempting as SMVLX is when things are on a roll, that I've never put any $ into it.