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Not sure how this has lost money over the past 3 years as it was up 25% over the past 3 years before IRMA and is still up 12.69% with essentially zero volatility (with the exception of the past 2 weeks). It also goes back to portfolio construction …
You are completely missing the point if you look at it the way that you do. It is a 100% non-correlated asset in a portfolio that does not derive any return from the economy, politics, interest rates, etc. If you had actually looked at the return …
In my opinion the 2 best ones out there are:
Ashmore Emerging Markets Frontier Equity fund (EFEIX) and Driehaus Frontier Emerging Markets Fund (DRFRX). Small, nimble managers which is important in this space so as to not move markets. Ashmore has…
Morningstar should track most, though I think Bloomberg.com would have all of them. They are not traded intraday, think of them like a mutual fund with daily NAV once a day at the close. Identifying can be tricky. I have not seen a publicly avail…
Very familiar with interval funds. They are becoming more popular as they have the look and feel of traditional 40 Act mutual funds (5 letter tickers, on traditional custodians (Schwab, Fidelity, TD, etc), 1099's. Performance like all funds and as…
To reiterate what was mentioned above regarding FMIJX, the main reason for out performance has been the currency hedge. If you are moving from a non-dollar hedged fund (which I assume most are) to a dollar hedged you run the risk of being whipsawed…
They are more momentum driven than most shops and use behavioral analysis as well which has worked quite well over the years.... The frontier strategy focuses on growth inflection points. Essentially, when a company has a positive trend change in …
I think you will find that WAFMX will not have as much "boots on the ground" as it used to. In addition, Edgley is now the head PM on 4 funds, not a good thing especially in a market as fickle as Frontier.
Take a look at DRFRX. Short track record, do have an SMA that goes back a bit farther. Driehaus has a very good process and team. Low assets right now. Nice fit.
Take a look at SCFIX (Shenkman Short Duration High Income Fund). Up to over $100m in AUM. Shenkman goes back decades in high yield and has a very loyal, deep following in the institutional world. Fits in the 1-2 year time period, cash good bonds.…
