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I've owned it and the other FMI funds. I have no plans to sell it. There's nothing flashy about it and that's what I appreciate. If you're interested, spend some time reading their quarterly reports. It is important to understand how their team is set up and their approach. I would read several years going back to the dotcom period if able.
Are you buying through a brokerage or direct? Their website is underwhelming and they have no online account access. Everything is done by phone or mail - no electronic statements or documents. If you prefer to do everything online, stay away, or buy through a brokerage.
Their customer service is good, though. Their reports are timely and detailed, unlike some who take a full 90 days. (I hate getting fund reports in January for the period that ended in September.)
Performance is easy enough to look up. I won’t say they shoot the lights out, but I’ve been happy with it for years. They keep AUM under control, and despite being somewhat concentrated it’s not too bumpy.
Thanks everyone for your response. FMI seems like a outstanding Fund family, all 3 of there funds look to be well run. To joe74, I will be buying FMIMX thru a brokerage, and do currently also have POAGX.
Comments
Good investing, Derf
Their customer service is good, though. Their reports are timely and detailed, unlike some who take a full 90 days. (I hate getting fund reports in January for the period that ended in September.)
Performance is easy enough to look up. I won’t say they shoot the lights out, but I’ve been happy with it for years. They keep AUM under control, and despite being somewhat concentrated it’s not too bumpy.
I also like POAGX and RPMGX (if you can get it).
FMI seems like a outstanding Fund family, all 3 of there funds look to be well run.
To joe74, I will be buying FMIMX thru a brokerage, and do currently also have POAGX.