Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
How poignant that some of the funds on this list are having a great year, once again. Retail investors are notoriously fickle. The studies comparing a specific fund's returns, compared to the returns of the average investor IN that fund almost always reflect the hot money trend. Thornburg Intl Value is a perfect example. It is having one of the best years to-date for all international funds.
The list reflects specific share class, I assume, since MALOX, the share class we use of BlackRock Global Allocation, has actually gained assets year to-date. Institutional class shares tend to have less fickle shareholders.
Some on the list deserve the asset losses because of manager changes, culture shift, or extended under-performance due to lax management efforts or allowing assets to grow too much and too quickly.
Comments
The list reflects specific share class, I assume, since MALOX, the share class we use of BlackRock Global Allocation, has actually gained assets year to-date. Institutional class shares tend to have less fickle shareholders.
Some on the list deserve the asset losses because of manager changes, culture shift, or extended under-performance due to lax management efforts or allowing assets to grow too much and too quickly.