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Looks like a good fund, but as always I'm curious as to what others think of this fund. Large Cap Growth (in general) seems poised to continue doing well next year. Here's the M* page:
In the LCG space, I prefer POGRX, which continues to produce with a relatively low expense ratio. The Primecap team has produced awesome results over the years at their funds: VPCCX, VPMCX, POAGX, POSKX and POGRX. Unfortunately, only the last two funds are open to new investors. We continue to own a 10% position in POAGX.
I have PYSAX (load waived through Schwab) for my mid/large growth. It does not have quite that long history, but has done very well since its inception a little over five years back. A little different animal though.
In fact, PYSAX has a VERY good history, since its manager David Glancy was the manager of Fidelity Leveraged Stock FLVCX during its glorious first 4 years. It was not doing well last year though...
I think Bridgeway is the best quant shop out there available to retail investors. The main manager, John Montgomery, treats investors very well. I'd look at BRAGX, their flagship, go anywhere fund too. BRAGX, like the other funds in that family, including BRLGX, had a couple of disasterous years in their but great long-term records.
If you look at Bridgeway's web site, you'll see it has tons of literature and they do say explicitly that they believe (contrary to some recent theories) that higher volatility is necessary if you want higher rewards.
If you like quant funds, or want at least one for diversification. I would seriously consider Bridgeway, either BRLGX if you're lacking large growth or BRAGX, but then you'll have to prepare for a bumpy ride.
I own BWLAX, American Beacon Bridgeway which is a large cap value fund and I am well pleased, thus far, with its performance. It is available in other share classes and the no sales load thicker is BWLIX. You might want to do a performance analysis between BWLIX and BRLGX. Over the past ten years (period of time) BWLIX edges out BRLGX.
I have lniked its Morningstar report for those that might be interested in taking a look. It is rated five stars by M*.
BWLAX is held in the growth area of my portfolio in my large/mid cap sleeve and is one of six funds held within this sleeve; and, it accounts for just short of ten percent of the sleeve's value.
Comments
http://money.usnews.com/funds/mutual-funds/large-growth/bridgeway-large-cap-growth-fund/brlgx
Merry Chritmas,
Ted
Thanks for the link Ted. I saw this link on your Contrafund post earlier today, which got me thinking about BRLGX.
Happy Holidays to both of you!
In the LCG space, I prefer POGRX, which continues to produce with a relatively low expense ratio. The Primecap team has produced awesome results over the years at their funds: VPCCX, VPMCX, POAGX, POSKX and POGRX. Unfortunately, only the last two funds are open to new investors. We continue to own a 10% position in POAGX.
Kevin
Happy Holidays!
And a compelling case may be made to own a 50/50 mix of RPG and RPV as detailed HERE.
In our portfolio, we cover our domestic LC needs with a combination of VOO, PRWCX, POAGX and PRHSX.
Kevin
If you look at Bridgeway's web site, you'll see it has tons of literature and they do say explicitly that they believe (contrary to some recent theories) that higher volatility is necessary if you want higher rewards.
If you like quant funds, or want at least one for diversification. I would seriously consider Bridgeway, either BRLGX if you're lacking large growth or BRAGX, but then you'll have to prepare for a bumpy ride.
I have lniked its Morningstar report for those that might be interested in taking a look.
It is rated five stars by M*.
http://quotes.morningstar.com/fund/f?t=BWLIX
BWLAX is held in the growth area of my portfolio in my large/mid cap sleeve and is one of six funds held within this sleeve; and, it accounts for just short of ten percent of the sleeve's value.
Old_Skeet
There's no greater resource for investing than MFO. Thanks!