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MFLDX holding its own.

Derf
edited June 2013 in Fund Discussions
Date: 5/31 gain $625 in portfolio
6/24 gain $590 in portfolio

Others I looked at, not so good. WAFMX $480 $160 , GASFX $321 $133 , MAINX (-27) (-189)
Note: Not apples to apples, but so it goes.
Have a nice day, Derf

Comments

  • Old_JoeOld_Joe
    edited June 2013
    You too, hmmm? Don't have 5/31 numbers, as spreadsheet is updated almost daily, but here are current YTD numbers:

    MFLDX: $1797
    WAFMX: $614
    GASFX: $985
    MAINX: -$140
  • scott
    edited June 2013
    MFLDX doing well and I have to say the Pimco L/S fund is holding up surprisingly well after it had a blah year last year.
  • hank
    I should buy a little - which would surely make it tumble.
  • JoeNoEskimoJoeNoEskimo
    edited June 2013
    Hank is banned from buying MFLDX.

    (just kidding!)

    This funds performance has been better than expected. Apparently they make use of their ability to short! Imagine.
  • Old_JoeOld_Joe
    edited June 2013
    If I didn't put the hex on it you have no worries.
  • hank
    Reply to @JoeNoEskimo: One of a dozen I watch - but the interest is purely academic. Rest easy (-:
  • ron
    I can't get interested in these specialty funds, expensive and need too own to much to make a difference. Good for the fund company, not ron.
  • BobCBobC
    Michael Aronstein has had a short on emerging markets for some time. It hurt him a bit last year, but has really helped in the recent selloff. Having something like MFLDX in the toolbox can be a prudent decision. A 5%-15% weighting, depending on the size of the portfolio and/or the number of alternative holdings, is a starting place.
  • AndyJ
    Reply to @scott: I noticed the Pimco fund too and was really surprised ... sure looked like a dog early on. Might tiptoe in and see what happens.
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