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Maybe they should raise their fees considering how bad their website, customer service, and technology are. I'm waiting till something comes out that they screwed up trading or fund administration because they couldn't "afford" it.
Seems like an overpriced balanced fund that had broad flexibility but doesn't really use it. Tracks its benchmark without any significant risk-adjusted returns or outperformance.
@Derf I own growth and value so I am always disappointed.
This was just a joke. I usually own blended index funds so I don't have to see the growth vs value difference. As for GP, I guess key man risk is always a bigger issue at smaller firms and wh…
Both funds are beating their track records as of 12/31 so I don't know what the problem is. If you are watching the performance every day or week, you are doing this wrong.
I don’t think most people need to hedge their whole portfolio. You can make TAIL a 10% position and get good risk adjusted returns with it. I don’t trust tactical portfolios even if they are rules based anymore because they mostly stink and aren’t c…
@MikeM I guess I can rephrase that. I found the info on the fact sheet of the fund to give me what I needed to determine what the bond portfolio looked like. I then looked at the holdings of other funds and landed on the low duration fund.
I think …
MikeM The portfolio is the Cape ETN and a portfolio of bonds similiar to the Doubleline Low Duration bond fund which is down 4-5% this year. This year (3 months) is the first time the fund under-performed it's Mstar category for any period of time. …
I don't think I have seen a more misunderstood stock fund before. I think the Doubleline website does a good job of explaining how it works, but I wonder how many people did proper research on it.
David,
Thank you for the explanation. I am familiar with what you are referring to as he has some books/papers on the subject that are a free (usually) downloads from his site.
