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Canadian, eh? Outa Toronto. So, when they're talking about 25% of portfolio in international stocks/funds, it's from a perspective originating from North of the border. Two summers ago, I was up visiting an old friend up there. TAX-FREE bank accounts are available. The catch is, they pay less than 1%. I have a bank account (savings) that pays 0.1%. That's even crazier. ...Anyhow, the article recommends beefing-up on small-cap funds. I've been growing my portion. I've seen nothing better than MSCFX: +162% since inception, in Aug, 2011. Damn, I always forget that the fund is closed. Like a wild night with Kate Upton, but then you wake up by yourself. ..... Sorry. Anyhow, my wife is in VSCIX, and it's chugging along. Pretty BLOATED, though.
I think it is always wise to consider a global outlook in any investment and that is possible with income funds as well. I would guess the big fund companies like Vanguard and Fidelity and TRP have something. DODLX is a good one too. Great fund company.
DODLX clobbered my own PRSNX over the past 1-year period. On May 01, 2014, DODLX significantly changed its posture and strategy--- so notes Morningstar. Maybe that's why M* does not display returns beyond 3 years. Longer-term results could be found without much difficulty, of course. I think I have domestic bonds pretty well covered via MAPOX and PRWCX. In my portfolio, those 2 funds represent 52% of my entire total. And of course, PRSNX is a "global" bond fund, though I haven't looked lately to see just how much of it is in the USA. .... DODLX yield is 1.69% and PRSNX is at 3.44%. (30-day SEC yield is 3.92%, and I don't see a 30-day SEC yield number reported for DODLX.) My other rather large bond position is in PREMX. Doing very nicely. Others here prefer FNMIX, and I can see why.
As a global income (vrs, international) fund it keeps a healthy chunk in domestic securities. As I'm working-out right now I can't easily provide the percentages. Regards
Comments
I've been thinking along those lines
As a global income (vrs, international) fund it keeps a healthy chunk in domestic securities. As I'm working-out right now I can't easily provide the percentages.
http://www.usatoday.com/story/money/2015/01/16/investing-international-funds/21825245/