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A Mutual Fund That Cleans Up With 22 Blue-Chip Stocks: POLRX
Like I have opined before, I think PGIRX might have a better risk / reward going forward and has larger manager ownership, while a shorter record (and hence no mention in magazines).
Yep - they get people willing to pay 1.25% per year to own their Large Growth fund. Paying more than .60 is highway robbery for a domestic stock fund, in my view. ;/
Of course it looks good -- it launched in 2011 and has pretty much ridden alongside the artificial 'bull' market these past 5 years. Most stock fund returns look good in that timeframe, which fund PR folks eagerly pitch at every opportunity. Let me see how such funds work "over a full market cycle" and through some major downtrends .... then I might be interested. Until then, not really. And not at that ER -- ever.
Why we complicate life. It is always when vs what. I wonder why I don't get tired of saying this. Maybe because we keep debating
Even full market cycle means nothing. I know if I did well with a fund it is not because of the fund but because of when I bought the fund. Likewise when I lose. Need to keep it on the watchlist. If it is around when the bear hits, maybe ...
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Of course it looks good -- it launched in 2011 and has pretty much ridden alongside the artificial 'bull' market these past 5 years. Most stock fund returns look good in that timeframe, which fund PR folks eagerly pitch at every opportunity. Let me see how such funds work "over a full market cycle" and through some major downtrends .... then I might be interested. Until then, not really. And not at that ER -- ever.
Even full market cycle means nothing. I know if I did well with a fund it is not because of the fund but because of when I bought the fund. Likewise when I lose. Need to keep it on the watchlist. If it is around when the bear hits, maybe ...