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The fund was popular on the board some time ago thanks to Ted's recommendation but its performance deteriorates last three months. What is your opinion regarding holding the fund now?
If the Morgan Stanley global fund is too volatile for ya, PGIRX is another growthy, high-P.E. fund with a bit lower downside risk. It's relatively new, but appears to trail MGGPX when growthy stocks rally and beat it when they lag. (M* risk ratings show MGGPX as "high" and PGIRX as "average," and the latter's downside capture ratios are somewhat better.)
Nothing against the MS fund at all, just pointing out another option in roughly the same strategy category.
Likely some marketing gimmick to make it look like he isn't managing as much money as he really is. Retail investors often don't do enough work to notice these things. Institutional folks always see through this smokescreen.
Comments
Regards,
Ted
this is crippled thinking
managers need 3y min for us to assess their worth
if you cannot give them that, then do not invest
sometimes I think MFO members do not understand what mutual fund management is all about
Nothing against the MS fund at all, just pointing out another option in roughly the same strategy category.
I first heard about Polen right here on MFO: search results here.