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.
FYI: IVA announced this week that IVA Worldwide and IVA International, both of which have been closed to new investors since 2011, have reopened. The move should not affect the managers' investment strategy, and the funds retain their Morningstar Analyst Ratings of Silver. Regards, Ted https://www.morningstar.com/videos/882738/2-fine-global-funds-have-just-reopened.html
So funds opening in the interest of current shareholders.
Okay. So then those who buy the fund in 2018, if the performance sucks until 2023, will M* publish article how stupid investors are when they sell? What would IVA have done for shareholders it got in 2018 if this happened?
Don't be fools guys. Resist the temptation. Don't buy. Don't buy. Don't buy. Cramer in reverse. Wait a bit, let the funds make sells to meet redemptions from those who have ALREADY made money in the funds. THEN you become the "current" shareholders in the fund in the interest of who IVA should AGAIN close the funds. Then if they open the funds again, SELL.
I know what I'm doing. Waiting for the distributions. If you guys join me they will be really good distributions making it better for all of us who buy after the distributions.
Comments
Glad you saw this as this was all I found concerning the funds some days ago. It was not clear that the funds reopened.
https://www.sec.gov/Archives/edgar/data/1437921/000094937718000216/iva-497.htm
Okay. So then those who buy the fund in 2018, if the performance sucks until 2023, will M* publish article how stupid investors are when they sell? What would IVA have done for shareholders it got in 2018 if this happened?
Don't be fools guys. Resist the temptation. Don't buy. Don't buy. Don't buy. Cramer in reverse. Wait a bit, let the funds make sells to meet redemptions from those who have ALREADY made money in the funds. THEN you become the "current" shareholders in the fund in the interest of who IVA should AGAIN close the funds. Then if they open the funds again, SELL.
I know what I'm doing. Waiting for the distributions. If you guys join me they will be really good distributions making it better for all of us who buy after the distributions.
Patience!
Global_Top_100_companies_PwC.pdf