Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I am selling TBGVX in a Taxable account to harvest the losses for year end - Looking for strategy advice to re-deploy the cash. TBGVX hedged, and recent articles suggest I might do better hedged- or perhaps both Some hedged/some not ?
Also interested in utilities for a 401k account - willing to limit the upside for a safer downside . Many thanks !
value leaning, mid-to-large cap (TBGVX was midcap until drifting into large cap)
GLFOX would seem to check these boxes. A value leaning, 3/4 foreign, hedged fund, sitting between midcap and large cap, 50% utility (with much of the rest in industrials, like railroads and airports). It's slightly less volatile than TBGVX.
To say that now is a good time to hedge is to say that the dollar looks cheap and will increase in value. Certainly the dollar is down (about 3%) this year. But to say that it will now reverse direction is to time the market.
My suggestion is to tune out the many predictions that are based on which candidate will win, whether his party is good or bad for the economy and trade, whether this particular candidate is an exception to the party rule, and so on. They're heavily laden with biases.
Rather, decide for yourself whether you like the idea of hedging or not (see first paragraph). Forget about the timing, forget about the politics, invest in a way that makes sense for you. I believe that overall this is more about making a decision that you'll feel comfortable with than making a decision that will have a long term impact on your investment performance.
I've always thought of the Tweedy Browne Fund as just what is says - Global, and for that reason I included both possible domestic and international funds into the PV tool.
But if you want to think of it as "only international", then link below may give you starting point / suggestions / ideas / etc.
Can also add ETF:DWM to the list.