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Don't like to jump around, but losing my confidence in Int'l fund managers. Hold VWILX and MGGPX. Thinking of reducing positions and adding to VTSAX, a smoother ride. These guys did weather 2020 pretty well, but are getting beat up now. Stay the course? Thoughts needed!! Thanks!
These days especially with the proliferation of low-ER ETFs -- including many fine ones which focus on divds or other "factors" (low-vol is a favorite of mine) -- at very low fees, the active managers have to make a very persuasive argument.
https://www.gsam.com/content/dam/gsam/pdfs/us/en/tax-information/2021/2021 Long Blue Book.pdf
The fund has experienced significant losses YTD (-31.11%) and over the trailing 12 months (-34.31%).
I don't have any plans to sell VWILX in the short-term.
Guess I'm a glutton for punishment!
In addition, Chinese government interfered with their tech stocks including Alibaba and Tencent that contributed to sizable loss in VWILX.
Good move rotating to VGWAX.
I like VGWAX but prefer separate funds for stocks and bonds.
I also checked VWICX shortly after inception but decided against investing in this fund.
Last time I checked VWICX was doing ok YTD.
So, don't listen to me!
Edit: Although James Anderson was a great manager and thought leader,
I wasn't too concerned about his retirement.
Baillie Gifford has a deep bench and Vanguard takes a thoughtful approach to succession planning.
Same approach also works for emerging market funds.
I've been to Jerash. Very cool, historical. (2004.)
"the region of the Gerasenes" (Mark 5:1; Luke 8:26).