Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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Derf
davidrmoran : No need to send billing, it's the amount that caught my attention!
" In fact it could be one of the coldest playoff games in NFL history."
I thought that was reserved for the Frozen Tundra of Green Bay & the Packers !
Go Pack Go, Derf
@Baseball_Fan : I like your thinking ! The printing presses ran way to long ! How many MFO's received the stimulus check & how many REALLY need it ?
Enjoy the ride, Derf
Given the quality of analysis and advocacies we have observed
within the working group, we plan to transition this team to a
dedicated Balanced Fund Investment Committee, which will
take over management of the Fund from the current Committees,
effe…
@rforno : When a fund, MGGPX as an example, has to sell stocks to cover redemption's what would one think the order of selling to be ?
Winners, losers, or a little of both ?
Thanks for your time, D…
Observant1 said, "I wonder if the recent trend of value outperforming growth will persist?
A very good question in deed ! Value started rolling about 15-16 months ago. It also went side ways for awhile before holding up better than growth last we…
"(I personally faced a similar decision years ago. I owned service class shares of a fund. The A shares, with a slightly lower ER, were subsequently offered load-waived. The fund declined to do a tax-free exchange for me. So I continued to hold the …
Thanks for the info on TDF @msf. One other thing comes to mind. Investors removing money from the institutional had lower CG's due to a later inception date. Or is my thinking bad ?
When the retail goes to institutional will a taxable event take p…
Thanks for your reply @MikeM . I also own the other two that you mentioned. TMSRX is in the hot seat & I'll be keeping a close eye on. I'm wondering if incoming cash caused them some problems ? I will be looking to add to JHQAX & possibly ad…
msf, thanks for your thoughts. Seems no provision for a bad market cycle of a few years.
They didn't require a withdrawal last year. & just maybe that is how they would handle a bad market of a few years ?!
…
@gmarceau : By loaded up ,from your post, more than 5% of your portfolio ?
I bought a toe hold , less than 1% of my portfolio in GPGEX. It's nice to get in on the ground floor, but some worthy question have been ask about this new addition by the …
I believe one would violate the wash - buy rules. I think you need to wait 30 (?) days before buying back in taxable account.
Don't quote me on this, Derf
@BaluBalu :Here is the link.
https://seekingalpha.com/news/3781285-jpmorgan-chase-to-pay-200m-to-settle-probes-on-employee-communications?lctg=60e5bff2d935fc51cb3d2067&mailingid=26105343&messageid=wall_street_breakfast&serial=26105343.1…
"Ckucking" back in. GGSOX -6.7 % for 3months from 12/16
+19.2 for 5 years " "
GPROX -6% For 3 months as of 12/16
+18.4 for 5 years
Looking to buy more on the dip after distributions
When a MF gets hot, more money flows in & as the heat continues more , lots more pours in !! To my way of thinking , Management must find a place to invest this inflow. Chances of finding a "good home" for these investments turns to stocks &…
AS for AUM of 35 MILLION. I believe their micro fund closed at 20 or 25 million.
Sometimes smaller AUM is to your advantage . I dislike making a buy ,watching it rise , only to be able to get out with a few bucks of profit after a stead decline …
I own 4 of their funds & all have been winners at this time. I put a toe hold on this new arrival . Time will tell if I add to it or sell . I will need to do a cross section after a year to see how all of their holdings come together with what I…
