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What were your "UP" funds today on a largely "down" day?
How long you have been holding material and miners funds ? I have been thinking about them but have not bought them yet.
I used to be much more conservative investor before based on my bad experiences in 2000-02 period (the time, I came to US and started investing). Entered the market right at the top in March 2000, a month before it crashed.
Slowly becoming bold enough to invest in risky areas (ex. WAFMX) a bit nowadays.
ARTGX and WAFMX, in equity. Most of the small remaining amount of bond stuff broke even, though. Portfolio -0.2% vs S&P -0.5%... on the right side of that deal, anyways.
Reply to @mrc70: Hi mrc70, VGPMX is a long term hold that I recently added to...not treating me too well over the last 1-2 year time frame. I opportunisticly own USAGX. I find that I have to keep this fund on a short leash. Glad to see some funds are working positively for you today.
Nice to know that funds mentioned here at MFO shined on not so shiny day.
Reply to @Investor: The long term performance of my list of funds have been pretty dismal...banged up and beaten down...nice to see some upward movement with these funds on an overall down day.
My thought for this thread was less about one day performance and more about a potential shift in trends.
Portf. down for the day by 0.13%. Everything down, but no change in just two: SFGIX and DLFNX.
The losers: PREMX EM bonds MAPOX balanced, US Large-cap and some bonds. MSCFX US small-cap MACSX Asia ex-Japan MAPIX Diversified Asia MAINX Asia bonds TRAMX Africa/Middle East
EM bond unch. Two others down slightly, including Gundlach's "core" bond fund. DLFNX. (Edited: checked later, when the Gundlach crowd and the Morningstar crowd got around to posting the day's results. DLFNX up .03 cents.) Equities: bloodbath.
EEV +5.37%, the only holding currently in my play money portfolio but then compared to the downdraft in the core portfolio, this upside is in the noise.
Reply to @Charles: Pot-ay-to, pot-ah-to. It is up 20%+ since I bought it so keeping tight stop limits. But you are right in the sense that these funds are not for core portfolios. I think the ride up in levered funds once this downdraft is over will be more interesting and better opportunity to exploit on the long side. The toughest thing to do is not do anything in these kinds of movements.
Reply to @BenWP: I also noticed that few Frontier funds, including MFMIX, WAFMX, HSFAX, HLMOX, did quite well (relatively). But how does one get into MFMIX (Institutional class) without investing $5 M? One can invest in MFMPX (class A) with lower initial investment, but it has much higher expense ratio and has a front load (the front load is waived at Schwab).
Comments
Regards,
Ted
How long you have been holding material and miners funds ?
I have been thinking about them but have not bought them yet.
I used to be much more conservative investor before based on my bad experiences in 2000-02 period (the time, I came to US and started investing). Entered the market right at the top in March 2000, a month before it crashed.
Slowly becoming bold enough to invest in risky areas (ex. WAFMX) a bit nowadays.
PCRIX
PSPFX
ARIVX
GPGOX
WAFMX
ARTGX
Hi mrc70,
VGPMX is a long term hold that I recently added to...not treating me too well over the last 1-2 year time frame. I opportunisticly own USAGX. I find that I have to keep this fund on a short leash. Glad to see some funds are working positively for you today.
Nice to know that funds mentioned here at MFO shined on not so shiny day.
GPIOX
OBIOX
GPGOX
ARTKX
BCSIX
Most likely tomorrow these will be down...
The long term performance of my list of funds have been pretty dismal...banged up and beaten down...nice to see some upward movement with these funds on an overall down day.
My thought for this thread was less about one day performance and more about a potential shift in trends.
Europe's got the greatest momentum in the Invest w/an Edge weekly report, and EMs are starting to pick up a bit too.
The losers:
PREMX EM bonds
MAPOX balanced, US Large-cap and some bonds.
MSCFX US small-cap
MACSX Asia ex-Japan
MAPIX Diversified Asia
MAINX Asia bonds
TRAMX Africa/Middle East
WBLSX +0.19%
WBMAX +0.48%
BPLEX +0.60%
RGHVX +0.24%
ASANX +0.20%
AQRNX +0.09%
IVWIX
OARIX
ARTGX
BUFOX
WAFMX
GPGOX
NEWFX
DREGX
Art
Regards,
Tede
Markets:
Dow -2.08%
S&P 500 -2.28%
Nasdaq -2.61%
Russell 2000 -3.21%
10 yr. bond -3.26%
Gold -0.28%
EFA -2.04%
EEM -2.83
VIX +16.46%
Alternative ETFs/Mutual Funds:
Global X Guru Index ETF GURU -2.92%
Barclays S&P 500 Dynamic VEQTOR ETN VQT +0.01%
TFS Market Neutral TFSMX -0.40
Whitebox Long Short Equity Investor WBLSX -0.09%
Whitebox Tactical Opportunities Investor WBMAX +0.32%
ASTON/River Road Long-Short N ARLSX -0.70%
BlackRock Global Long/Short Equity Inv A BDMAX -0.25%
LS Opportunity LSOFX -1.34%
PIMCO EqS® Long/Short D PMHDX -1.27%
MainStay Marketfield I MFLDX -1.47%
Robeco Boston Partners L/S Equity Inv BPLEX +0.48%
Robeco Boston Partners L/S Rsrch Inv BPRRX -1.00%
RiverPark Long/Short Opportunity Retail RLSFX -1.29%
RiverPark/Gargoyle Hedged Value Retail RGHVX -1.94%
AQR Multi-Strategy Alternative N ASANX -0.73%
AQR Diversified Arbitrage N ADANX 0.00%
AQR Risk Parity N AQRNX -0.07 -0.66%
BPLEX and both Whitebox funds did quite well on this very "down" day.
Any other funds that performed well today?
Two others down slightly, including Gundlach's "core" bond fund. DLFNX. (Edited: checked later, when the Gundlach crowd and the Morningstar crowd got around to posting the day's results. DLFNX up .03 cents.)
Equities: bloodbath.
COBYX
DODIX
DBLTX
PTTRX
PAUIX
FOCIX
RNSIX
I also noticed that few Frontier funds, including MFMIX, WAFMX, HSFAX, HLMOX, did quite well (relatively). But how does one get into MFMIX (Institutional class) without investing $5 M? One can invest in MFMPX (class A) with lower initial investment, but it has much higher expense ratio and has a front load (the front load is waived at Schwab).
Markets:
Dow -1.41%
Nasdaq -1.46%
S&P -1.19%
Russell 2000 -1.23%
EFA -1.86%
EEM -1.80%
GLD +0.34%
GDX +2.64%
AGG +0.26%
Alternative Funds:
TFS Market Neutral TFSMX -0.34%
TFS Hedged Futures TFSHX 0.00%
Whitebox Market Neutral Equity Investor WBLSX -0.36%
Whitebox Tactical Opportunities Investor WBMAX 0.00%
ASTON/River Road Long-Short N ARLSX -0.78%
BlackRock Global Long/Short Equity Inv A BDMAX +0.09%
LS Opportunity LSOFX -0.85%
PIMCO EqS Long/Short D PMHDX -0.65%
MainStay Marketfield I MFLDX -0.92%
Robeco Boston Partners L/S Equity Inv BPLEX +0.43%
Robeco Boston Partners L/S Rsrch Inv BPRRX -0.42%
RiverPark Structural Alpha Retail RSAFX -0.29%
RiverPark Long/Short Opportunity Retail RLSFX -1.36%
RiverPark/Gargoyle Hedged Value Retail RGHVX -0.74%
AQR Multi-Strategy Alternative N ASANX +0.52%
AQR Diversified Arbitrage N ADANX +0.09%
AQR Risk Parity N AQRNX +0.09%
VWAHX +.18%
RYPMX +2.57%
VWEHX 0%