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Jason Zweig: Say ‘Yes’ To Funds That Know When To Say ‘No’
The article should add...."close funds and then NOT start new ones". One of the reasons I quit Wasatch is because they didn't know when to stop? Then they gave birth to Grandeur Peak and IT does not know when to stop.
I own one Wasatch Fund and one Grandeur Peak fund and I'm done.
Here's another idea. Find funds that don't spend too much of their time and YOUR money marketing. They are unlikely to gather too many assets and have bloat issues. And you know your manager is even more sincere if you don't pay 12b1- fees.
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I own one Wasatch Fund and one Grandeur Peak fund and I'm done.
Here's another idea. Find funds that don't spend too much of their time and YOUR money marketing. They are unlikely to gather too many assets and have bloat issues. And you know your manager is even more sincere if you don't pay 12b1- fees.