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Hi guys! These are areas I do not have very much money invested. I cut the number of funds I want to expand the areas I'm in so.....what say you about these or others in the space? Have never had Blair. In '13, I had the Glenmede Small Cap (since sold) and Large Cap Fund (again, since sold), so I know a little about them. the Pudd
I'm extrapolating your "areas". If you are looking for an absolute return fund, WMNCX is an option. So is HSTRX. However, think about what happens over long periods of time. You have many options in this category. I own a smattering WMCNX in an IRA.
GTSOX looks like a covered call fund. Incredibly YTD returns given M* portfolio says mostly in cash. I suspect M* reporting here. Regardless, this will need a lot of research.
Hi @Puddenhead Why a long/short fund? I suspect some view this area as a type of market turmoil/insurance holding. What percentage of your portfolio? IMO, less than a 5% holding may not provide meaningful value to your overall holdings. Looking at the 3 & 5 year returns for GTSOX; I would have expected larger return values during this period, thinking that the managers would have been riding the correct investment waves via the equity markets. Although not an options trader here, where one or a fund can get a bigger bang for the money; if the "call or put" is correct, in a much reduced form; those holding a blend of equity and bonds are "running" their own form of a long/short fund without the leverage. This statement being based upon the fact that the markets in general are talked about and viewed as an equity investment arena. Bonds are for the meek, eh? Well, time will tell this story.
Comments
If you are looking for an absolute return fund, WMNCX is an option. So is HSTRX. However, think about what happens over long periods of time. You have many options in this category. I own a smattering WMCNX in an IRA.
GTSOX looks like a covered call fund. Incredibly YTD returns given M* portfolio says mostly in cash. I suspect M* reporting here. Regardless, this will need a lot of research.
Why a long/short fund? I suspect some view this area as a type of market turmoil/insurance holding.
What percentage of your portfolio? IMO, less than a 5% holding may not provide meaningful value to your overall holdings.
Looking at the 3 & 5 year returns for GTSOX; I would have expected larger return values during this period, thinking that the managers would have been riding the correct investment waves via the equity markets.
Although not an options trader here, where one or a fund can get a bigger bang for the money; if the "call or put" is correct, in a much reduced form; those holding a blend of equity and bonds are "running" their own form of a long/short fund without the leverage. This statement being based upon the fact that the markets in general are talked about and viewed as an equity investment arena. Bonds are for the meek, eh? Well, time will tell this story.
M* Long/short returns
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