Last Sunday, 7 February, all ratings were updated on our MFO Premium
site, including MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Dashboard of Profiled Funds, Portfolios, QuickSearch, and Fund Family Scorecard. The site now includes several analysis tools, including Correlation, Rolling Averages, Trend, Ferguson Metrics, Calendar Year and Period Performance.
Today, we launched a new tool for premium subscribers: "Dashboard of Launch Alerts
The "Launches Dashboard" compiles and tracks funds first appearing in our "Launch Alert" feature of the monthly MFO commentary. It follows a format similar to the Profiles Dashboard
, but lists funds by alert date, most recent on top to oldest on bottom, since MFO launched in May 2011.
Hundreds of new funds are launched annually (e.g., 590 in 2020), but most are not worth mentioning. David highlights just a dozen
or so each year.
When a manager with a strong record leaves an established firm to start anew, David lets us know:
- Andrew Foster created Seafarer Capital Partners, LLC and launched Seafarer Overseas Growth and Income (SIGIX), as discussed in the February 2012
- Laura Geritz created Rondure Global Advisors, LLC and launched
Rondure New World (RNWIX) in 2016.
As he does when an established firm of high stewardship launches a fund in a new market:
Usually, the Launch Alerts
contain a paragraph or two describing why the fund may be worthy. Some are longer than others, a kind of mini-profile:
- Towpath Focus (TOWFX) launched by Mark Oelschlager and highlighted in September 2020 feature.
Since 2016, MFO breaks-out Launch Alerts in the new magazine format. Before that, they were included in the long-scroll format.
Many of the funds in Launch Alert have gone-on to do quite well, some spectacularly. While about 1-in-6, as of January 2021, end-up in the dust bin (not shown, e.g., Whitebox Funds).
As an adviser or individual investor, I would check this list often
Premium subscribers can access the new tool here
, Great Owls
, Three Alarm
, and Profiles
tools remain available to the public without subscription.