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  • This is not always the case. For example, Fidelity offers QNZNX but not its institutional shares QNZIX, it offers APDPX but not APHPX, etc.
  • This fund may become more popular soon as it is prominently mentioned in Barros's this week in the article "Don’t Put All Your Eggs in the Mag 7 Stocks. These Funds Beat the S&P 500"
    in MRFOX Comment by finder April 8
  • I called Marshfield Associates and asked whether they were planning to close MRFOX because of its rapid asset growth. The person responding to my call was very surprised and said that they had no plans to close it. I explained why I was asking and g…
    in MRFOX Comment by finder March 25
  • In my case, Fidelity website shows a small window to the right "Connect with your advisor." It gives the phone and e-mail. However, maybe this is not a general setting. I guess you may call Fidelity and ask them how to make such a request. I may ask…
    in MRFOX Comment by finder March 23
  • Dear JD_co, thanks for letting me know. If anybody else makes a similar request at Fidelity, please tell me, and then I will approach my advisor again. She is good and really tries to help whenever she can.
    in MRFOX Comment by finder March 23
  • I asked my advisor at Fidelity whether it is possible to make MRFOX available at Fidelity. After consulting with others she answered that it is possible, but only if many investors want it: Fidelity requires $25MM in demand in order to ask for a net…
    in MRFOX Comment by finder March 23
  • On Motley Fool and Palantir see also https://www.fool.com/investing/2024/02/24/will-hot-ticker-be-a-trillion-dollar-stock-by-2035/ At the end of their discussion, MF said: The Motley Fool Stock Advisor analyst team just identified what they belie…
  • BIVIX is a long-short fund. The latest information can be found at https://www.invenomic.com It says: Long 99.4% Short -89.4$ Net 10.1%. For 1 calendar year, from 30 Dec 22 to 29 Dec Jan 2023, it was 16.5% up. But wait a month: for 1 year, from Fe…
    in MRFOX Comment by finder February 12
  • I am with @Baseball_Fan with respect to AKRIX and MRFOX. AKRIX was brilliant. I invested in it since its inception, but then its manager retired... MRFOX is great, but the two main managers, Christopher Niemczewski and Elise Hoffmann, are husband…
    in MRFOX Comment by finder February 11
  • I believe that a comparison of MRFOX with VOO (S&P 500) and the famous Giroux find PRWCX can be quite informative. Out of these 3 funds, MRFOX is the only one that has not had a single down year since its inception in Jan 2016. VOO is the most…
    in MRFOX Comment by finder February 10
  • I believe they discuss Primark Meketa Private Equity Investments Fund PMPEX, see https://www.primarkcapital.com/offerings/ It is an interval fund.
  • There was an argument in M* that moat is better than quality. And indeed, MOAT beats FUQIX, QUAL since its inception, though FUQIX is better during last 5 years, and especially during the last year: MOAT does not contain any of Mag 7 companies.
  • Many thanks for the link to Marshfield, it is very informative.
  • I have a similar question: Why not PAAA, or ICLO, or CLOI, or other ETFs which for the time being are very steady and grow faster than FCNVX? A possible answer is that JAAA was a bit volatile in March 2023, so it may become volatile again. But volat…
  • Trying to convince myself to diversify and invest in small cap and internationals, and expanding FT1000 observation: From 1 January 2000 to 1 January 2013 SPY moved up only 2%. During the same time, Vanguard International Value VTRIX was 84% up, a…
  • Junkster, I am ashamed that I missed SHRIX; it is phenomenal. Somehow, it did not appear in any databases that I searched, and it is not available at Fidelity, and Vanguard. Their prospectus says that it is sold only to institutional investors with …
  • Bond funds EMPIX and CBYYX discussed by Junkster are very interesting and impressive indeed. They invest in catastrophe bonds (CAT bonds). These two funds are pretty new. Both funds are 11% up YTD, rising in an upward trend, which is even more stead…
  • Another way to read it: https://finance.yahoo.com/news/cyber-catastrophe-bonds-move-step-133000976.html
  • The total for all share classes is 25.3 B, according to M*. This will force me to think twice before buying TCAF.Thanks yogibearbull for the clarification
  • There is a related article on leveraged loans in the Wall Street Journal "The Market-Beating Investment That’s Defying Wall Street Skeptics. Rising interest rates are boosting risky corporate-loan returns instead of hurting them"
  • If I understand correctly, the latest 1 month Treasuries yield is about 5.4%. I wonder whether it makes sense to buy them and then reinvest them automatically as Fidelity offers. One can invest like that each week. This would be almost as liquid as …
  • At Fidelity the trade is open
  • @Finder. Based on your research wouldn’t a Treasury only MM fund be at risk in a default? Perhaps greater risk than a Prime MM fund. And even the bond ETF AGG has 43% government securities. How would those be valued? Concerned? Nervous? Freaking o…
  • There is an article in Forbes about Money Market funds and default, https://www.forbes.com/advisor/investing/debt-ceiling-impact-money-market-funds/ It says that In 2008 there was a problem with one such fund, the Reserve Primary Fund, it was unable…
  • During the last 6 months, RPHIX gained $2.84%. If it continues, this will be 5.7% per year with minimal risk. If not a secret, can you tell us about better opportunities that you see now? Or do you have in mind what may happen with other funds when…
  • Just to point out some loophole: If you have more than 250K in any set of Artisan funds, you can buy any closed Artisan fund. From their prospectus about the required condition: "You are a shareholder with combined balances of $250,000 in any of th…
  • IRS: Interest income from Treasury bills, notes and bonds - This interest is subject to federal income tax, but is exempt from all state and local income taxes.
  • This is the link to Mike Wilson comments: https://www.morganstanley.com/ideas/thoughts-on-the-market-wilson
  • I believe that the final result depends on many factors, such as your tax rate now compared to the tax rate many years later. Yet another consideration is whether you plan to use all of your funds, or pass them to your children upon your death.
  • I made several similar orders lately. But I have a slight concern with respect to Treasuries vs cash. Fidelity money market fund FZDXX yields 2.23% now. When fed rises rates, it follows accordingly, with a short delay, so perhaps in a week or two it…
  • Just an FYI - on the question of commissions, most brokerages appear to charge a commission (e.g., 0.01%) in buying and selling Agency bonds. Today, Agency short term bonds were yielding nearly 50 pbs higher than Treasuries of the same maturities. …
  • To evaluate HMEZX it may be useful to look at other funds managed by Dondero, such as HHCZX, HSZAX. I looked, and I did not like them. It does not necessarily mean that HMZEX is bad, but it just made me less interested in this fund.
  • I was interested in HMEZX, but then I was concerned by the unimpressive performance of other funds managed by the same manager (Dondero), and by general comments that can be found here: https://www.institutionalinvestor.com/article/b1l0wrph2lc0j6/No…
  • Thank you very much for your suggestions, I will call the broker, at least the first time I will do it. But all the bid-ask issues seem to modify the profits at a fraction of a percent, not much, as compared with 9% per year. Perhaps I am missing so…
  • Yogi, I wonder whether there is any real advantage in buying TIPS on auction as compared to secondary market? On auction, the shortest period is 5 years. There is a chance that in one or two years inflation will be much lower, and then the advantag…
  • I wonder whether the problems discussed above are related to the personal decision not to buy TIPS or T-bonds and hold them until maturity? I am considering buying T-bills. I never did it, so maybe I am confused by something, but I see that 52 week …
  • Thank a lot, I will contact Fidelity
  • Sorry for a naive question. I never bought Treasury bonds, and I missed this auction. Does it make sense to buy the same TIPS now at Fidelity without auction, or their price will be significantly higher?
  • The same manager in a related ~ 2 years old fund in UK : https://markets.ft.com/data/funds/tearsheet/summary?s=IE00BKV41X02:AUD