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The other, unnoticed Jensen fund

Chinfist
edited August 2016 in Fund Discussions
Some people have been following JENSX and it's steady, strong performance. However, the lesser known JNVSX has had a great year. It has returned 16% YTD, and 8% over the last trailing year. This places it in the 6th percentile YTD and 16th percentile over the last year for its category according to Morningstar. Morningstar is placing it in the MV category, likely because it is multi-cap, however it holds more stocks in the large cap space (38%), than it does in mid cap (29%), and small cap (34%). If it were categorized in the large cap territory, it would be closer to the 1st percentile YTD.
It has had a couple poor years relative to the market (2012, 2015), but maybe it has finally found it's groove, or its investing style has paid off this year.

Comments

  • expatsp
    Looking at the charts for both, they both seem more examples of mean reversion than anything else.
  • davidrmorandavidrmoran
    Graphed against FLPSX it certainly has hit its stride the last 3/2/1y and shorter.
  • markot06
    Over the 3 years through Jul 2016, JNVSX could have been substituted by a fixed portfolio of ETFs (~22% FXR, 19% TDIV, 17% SPHQ, 11% XRT, 9% IHF, 8% VIG, and a couple of smaller positions) that had a ~4.4% higher cumulative return at a comparable volatility. See goo.gl/2Z3V5Q
  • davidrmorandavidrmoran
    @markot06, are you getting a lot from that site you're trying to drive eyeballs to?
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