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I like the outfit (not an investor with them now), but I don't like the idea of a hard close. I'm a big fan of the soft close, but I'd like to be able to contribute more going forward.
I haven't seen too many hard closes, come to think of it.
I don't have a vanguard account. Generally 401k's are setup with plain jane, giant sized funds (in terms of AUM) (both of which generally go against MFO's core values), but here are a few suggestions:
MDISX
ACRNX
YAFFX
Anything from Matthews (but I…
So I was almost entirely in equities in the last big crash 08 as I am young as well. I tried to put any cash I had into the market while it was down. So now, I keep some in bonds just to have some dry powder. You could just use cash as well, but I…
I know that you said that you aren't looking for a "conservative" fund, but ARIVX still looks good as a total return fund across a market cycle.
I've used HDPMX to help with alpha in up markets, but it's a volatile offering.
BRSIX is a unique "in…
Some to consider:
AKREX Akre Focus (holds some larger firms as well)
ACRNX Columbia Acorn Fund (may be difficult to access, but there are many other classes of this fund) Bloated, but well run
GRSPX Greenspring - value bent blend fund with busted c…
net assets of $5.5 million and funds starting opened in Sept 2012. I'd wait until it has some more saddle time and see if it garners enough assets to stay open. Managed by Greg Rutherford (CIO and Managing Director of Foliometrix LLC and President…
I have ARIVX which currently has 64% in cash! (as of Oct 31)
and from Eric Cinnamond's 3rd quarter commentary:
"In summary, the majority of operating results and management comments that we reviewed and analyzed this quarter are consistent with wha…
Will the er be tied to aum? Is there a break point?
This strategy seems to me like a bet on the find manager. What am i missing?
How often will holdings be disclosed? How transparent is fund?
Reply to @David_Snowball: Thanks David. That was a quick response. I browsed the board to see if I had already missed the discussion of it, but I didn't see it mentioned. I assume that you already had a discussion with the CIO last week, eh? Or …
A one star fund with 6 million AUM. I wouldn't have guess it would do so poorly:
3 month +8.90%
YTD +14.44%
1 year -4.21%
3 years -2.36%
5 years +1.60%
Well I really like the idea of the elevator pitch, but I'm afraid the folks at MFO probably won't budge the needle on assets. I tend to shy away from a fund if I am afraid that it won't be around in a few years. I think we should have some sort of …
If it fits my schedule, I'd be in for sure.
How long will the fund be able to operate as the sole fund with this strategy? What will happen to the capacity when "me too" funds crash the party?
I tend to stay mostly invested. However, I manage new cash in a somewhat similar way. DCA'ing into my brokerage money market and waiting for an opportunity.
Do the kids plan on going to college? May want some monies for that.
It's good to have some cash in an emergency fund, but I wouldn't have more than 6 months of living expenses if both are working. Other cash can be strategic reserve/planning/f…
I'm sure people on the board are tired of me saying so, but since you asked:
AVEDX Ave Maria Rising Dividend
Total return is what matters -- appreciation and dividends
I don't own most of these, but here are a few that eeked out positive gains:
IRNIX
LCMAX
ARBFX
MFLDX
HSGFX
CFIMX
SLASX
FAIRX
WAEMX
The top group is probably due to long short or arbitrage strategies.
Is Jayme Wiggins really only turning 32 years old this year?
Mr. Wiggins returned to Intrepid Capital Management in 2010 after earning his MBA from Columbia Business School, graduating with highest honors. Mr. Wiggins was with Intrepid Capital Ma…
Didn't the free enterprise action fund merge with the Congressional Effect Fund, managed by Eric Singer.
From their website: Mr. Singer first published about the Congressional Effect in 1992 in Barron’s. He has over 25 years experience in finance…
Reply to @fundalarm: Thanks, that makes sense. It's just frustrating for a small investor to be changing funds all the time. In Foster's case, he left and it was a year before his fund is up and running.
Reply to @Kenster1_GlobalValue: The difference with both of those cases is that they basically took their exact same strategy and left. I did feel similarly though in those cases. I struggle with these with each manager change. I never owned firs…
I agree with you. It is entirely possible. But if that were the truth it would be very easy to for him to say. And it would give investors much more comfort.
i think managers underestimate how much damage they do to individual investors when they go off and start their own MF. If he can't explain himself, then I have to assume he's doing it for selfish reasons. So, why would I trust him with my money. …
I would suggest that these funds are different, but have similar risk levels focused on the same region (but with different country allocations).
Similar beta, SD, sharpe ratio, and r-squared
