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.
Dear Lord, what bunk. I suggest anyone looking at these graph how they did as far back as they go (many are young), and for sure doublecheck manager tenure (many are recent starts). Incredible this gets published by MW with that hed.
/// There are 10 five-star funds that rank in the top 10% on both active share and returns within their subgroup — smaller companies, large-capitalization value and so on. The list was compiled this way because active share tends to vary across categories, as does performance. /// Five of the funds specialize in larger companies: Guinness Atkinson Global Innovators (IWIRX) (MFD:IWIRX) ; Johnson Enhanced Return (MFD:JENHX) ; Marsico Flexible Capital (MFD:MFCFX) ; Pimco Fundamental IndexPlus (MFD:PIXAX) and Pimco StocksPlus Absolute Return (MFD:PSPTX) .
Compare with PRBLX and any Yackt. And against one another. Note 08-09 dip severity. Check management dates. Etc. The usual.
Did not have the energy to do the same with the SCs, but since most are not so known, I fear similar finding.
Comments
/// There are 10 five-star funds that rank in the top 10% on both active share and returns within their subgroup — smaller companies, large-capitalization value and so on. The list was compiled this way because active share tends to vary across categories, as does performance.
/// Five of the funds specialize in larger companies: Guinness Atkinson Global Innovators (IWIRX) (MFD:IWIRX) ; Johnson Enhanced Return (MFD:JENHX) ; Marsico Flexible Capital (MFD:MFCFX) ; Pimco Fundamental IndexPlus (MFD:PIXAX) and Pimco StocksPlus Absolute Return (MFD:PSPTX) .
Compare with PRBLX and any Yackt. And against one another. Note 08-09 dip severity. Check management dates. Etc. The usual.
Did not have the energy to do the same with the SCs, but since most are not so known, I fear similar finding.