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This Fund Makes The Case For Active Management As Stocks Get Pricey: GOODX
It is quite amazing they didn't see any danger in index funds in 2014. Such funds needs to be timed. Period. If you bought in 2015 consider yourself lucky, and congratulations. I took a long hard look at this one and passed.
I too looked at it then but couldn't get past the M* analysis where a quick glance at the chart will show that while it has done Ok in the last year, the 3, 5 and 10 year records are awful.
there are a lot better mid cap value funds out there
While it is well ahead of the S&P500 index this year, it is only slightly ahead of the more appropriate (for this fund) midcap index. And it significantly underperformed both indices in 2013, 2014, and 2015. Doesn't look like a good fund to me.
Article title should be: "This Fund Reinforces The Case For Passive Management"
I really need to add GOODX to my POST on 12/2/2016.
Please explain why I should even consider the opinions of the managers whose fund has had incredibly poor returns and risk metrics (sharpe ratios, sortino ratios) over the past 3 and 5 year periods ?
If you are invested in this fund, please sell it immediately. Believe SPIVA, not these managers.
Comments
Don't know beans about this fund, but that's how I tend to view the world too.
Jump on when she's 90% submerged. Jump off onto something else when she surfaces.
(Sometimes called Buy low. Sell high.)
PS: Sometimes you get wet.
I forgot to mention there's a few shipwrecks lying on the bottom too.
http://www.barrons.com/articles/a-top-fund-makes-the-value-case-for-verizon-1475905159
I too looked at it then but couldn't get past the M* analysis where a quick glance at the chart will show that while it has done Ok in the last year, the 3, 5 and 10 year records are awful.
there are a lot better mid cap value funds out there
tnx much
I really need to add GOODX to my POST on 12/2/2016.
Please explain why I should even consider the opinions of the managers whose fund has had incredibly poor returns and risk metrics (sharpe ratios, sortino ratios) over the past 3 and 5 year periods ?
If you are invested in this fund, please sell it immediately. Believe SPIVA, not these managers.
Kevin