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TDVFX - Towle Deep Value Fund

edited October 2013 in Fund Discussions
Any thoughts on TDVFX Towle Deep Value? Its a new small value fund and the firm has been around for over 20 years with 14% return for 20 years. Thanks!

Comments

  • Dear Carefree: So far so good with superior short-term returns. According to M* TDVFX has the best YTD and I-Year return in the SCV space. Fees are a little high, and the minimum investment is $50,000 for regular account and $20,000 for IRA, however; the fund's website indicates the fund is available in lesser amount from named discount brokers.
    Regards,
    Ted
    M* Snapshot Of TDVFX:
    http://quotes.morningstar.com/fund/f?t=TDVFX&region=USA&culture=en-US
    Lipper Snapshot Of TDVFX:
    http://www.marketwatch.com/investing/fund/tdvfx
    Towle Deep Value Fund Website: http://towlefund.com/wp-content/uploads/2013/07/TDVFX-FactSheet-2013-Q2.pdf
  • Wa-hoo-ga-ga. That is a short-term record of performance worth bragging about.
    http://quotes.morningstar.com/fund/f?t=TDVFX

  • Reply to @MaxBialystock: All I can say is see Eric Cinnamond and ASTON/River Road Independent Value ARIVX
  • Reply to @Mark: Let's here it for Eric he's in 100% percentile !
    Regards,
    Ted
  • Well, Cinnamond had a longer mutual fund record at other places than TDVFX seems to have. He finally is positive, fortunately for my son's IRA. GRT Value was negative for the past year according to their latest letter. Those principals had strong past records coming in, and had glowing reommendations when they were reviewed on MFO (or was it Fund Alarm?). While "past performance is no proof of future results", one would hope at least for mediocre results. I can only hope for minimal losses in negative markets.

    Which of the current choices will be next to disappoint?

    I think future fund recommendations on MFO should be compared to value indexes including stocks of the size they plan to purchase, since most of them seem to be value oriented. I confess that my Google search didn't turn up any global value index, so it may be difficult to match the "go anywhere" funds.
    While it makes more work for Charles, it might be a useful reality check to have the past several years' recommended funds appended to the Great Owl lists to observe their regression to the mean, or those few who continue to excell.
  • MSCFX

    PRSVX

    MSMLX
  • All small caps, for comparison. Matthews, of course, is Asia.
  • Okay, bottom line. Is anyone throwing in the Towle?:P
  • Yuk yuk yuk hee hee hee.
  • Apparently Towle threw in a hat, not a "towle":
    New Player: Towle Throws its Hat into the Mutual Fund Ring, MutualFundWire.com, Nov 8, 2011.
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