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.
Ybb, great insight, thoughts and points! I’m not a trader so that brings into question whether FEHAX can be a long-term (hold) winner under Miller at First Eagle.
Thx. Matt
Sma3, thank you for your input. I did review the two MFs you mentioned. They are good candidates but I think ABHFX is slightly a better fit and still unclear about FEHAX.
I may go back and reevaluate those funds. Thx!
rsorden, thanks for your input! Any thoughts on why he moved to First Eagle? NHMAX was very volatile per high SD (12+) under Miller with mixed results; very good long-term, not so much shorter-term.
NVHAX doesn't seem overly impressive to me eithe…
BenWP, thank you for your insights! I invested in CGUS as a “counterbalance” to the passive VOO.
I like CGDV because it is / has been a LCB fund with a value tilt (equity income). I’m not convinced that true / pure Value is the future, could be w…
BenWP thank you for your opinion and insight!
No one has commented on CGUS. I own it and VOO and was using CGUS as a “complimentary” actively managed fund. Am I misguided? Are they too similar? Am I overthinking and unnecessarily complicating my po…
rforno, a2z and mskursh, thank you for your thoughts! My understanding of their ETF family was that they were not supposed to be a clone of their MF’s or index huggers. Did i misunderstand what I read? I was looking for active investing to “complim…
What do the seasoned investors on this board think of capital groups ETF’s as a whole? But In particular, CGUS, CGDV, CGGR?
I’ve never invested in Capital Group funds until they entered the ETF market. I currently hold double-digits in CGUS and C…
Catch, ditto Mark. I use FZDXX / FZEXX as de facto core accounts. Never had an issue with settlement either. As Mark stated, sells go into your core, then you can purchase the MM.
Catch22, I believe you’re half right regarding FZDXX (FZEXX-muni sister). Yes, you have to purchase like a MF but you do not have to sell to buy. I’ve been using one or both of these MM funds for several years. And never did I have to sell to bu…
I believe FIDO will deplete the MM with the most $$$. That’s what I’ve been told. At one time I had multiple MM, but not for long. It wasn’t worth the headache.
Thank you again for your insights. Until recently I invested in actively managed funds but I am now mixing in passive and trying to use the KISS method with limited funds.
All suggestions are welcomed and I do look into all of them!
There is a …
WABAC, thank you for the suggestion. In fact, I do have a foot-hold in the institutional share class (PFPWX). Something about that fund gives me pause. As I mentioned earlier I do own PRILX.
Yogibearbull, point well made! I think it's also impo…
Thanks everyone who replied! Great points and thoughts about M*, risk-reward, holdings overlap and more!
I appreciate the info and suggestions; I will also check out MOAT and the overlap tool that MikeM provided.
Please continue to provide any ad…
Mark thank you. I’m not exactly sure what I’m looking for either. I’m kind of feeling my way through this process and trying to learn more about investing (especially ETFs) and myself. Risk tolerance, comfort zone, needs, patience, etc.
My thoug…
Mark, I appreciate your input!
Here's what I know and read:
Endeavor is an All-cap Value fund (280.5B avg. weighted mkt cap; active share 88.63%) with a Capital Appreciation objective; Core Equity is a Large Cap Blend fund (510.4B avg. weighted …
I currently own PRBLX/PRILX in two R-IRA accounts. I have been looking for a LCV fund to "diversify" a little bit, because of the presumed rate hikes causing a slowdown in growth.
One fund that keeps popping up on my screen is PARWX/PFPWX. I've b…
Agreed that putting too much emphasis on tax efficiency can negatively impact the PM ability to generated above avg./high returns. That was not my intent to convey.
Mr. Hwan stated his goal is to reduce turnover between 30% to 40%, among other vol…
Derf, the large CG in 2021 was due to the significant changes Mr. Hwan made to the portfolio. 2021 was an aberration and should be a 1-time event.
Going forward I’m wondering if the fund will be more tax friendly than in the past. He states he i…
I Decided to resurrect this thread with the hope of a few more thoughts and opinions now that Mr. Hwan has had a full year as sole manager and made some significant holding changes.
The SD appears to have dropped by 2+, although still a bit high, …
I've held AKREX/AKRIX for a number of years and am very pleased with it. It's all about perception and expectation, I believe. If you want a LCG fund with FAANG stocks and other go-go stocks, then AKREX/AKRIX is not the vehicle.
AKREX has perform…
BB, why do you say less alpha? I believe his goal is better alpha with less SD and other improved metrics.
As you point out the key question is how much time has to go by to get a feel for Mr. Hwan’s changes?
It’s been 8+ months and he has made …
Thanks for the replies!
Mike, I did come across Smead value but as Stillers stated it’s closed to new investors at Fido which is where I invest.
Stillers, I will look for the thread, thanks!
AndyJ, if you come up with some insight or thoughts o…
JonG, I recently invested in PRBLX/PRILX and not an S&P index simply because it gives me some downside protection, less volatility and index like returns.
It’s just a little smoother ride, I believe. If you are only concerned with absolute r…
As a relatively long time holder of FSMEX, I don’t worry too much about the 1-year rating. It is up nearly 40% in the last twelve months!!!
Maybe it has something to do with the category percentile ranking of 30???
Profitable investing with whate…
I have owned FSEMX for a fair number of years and have no plans to liquidate. I know there is an ETF that invest in healthcare technology, but I am not familiar with it.
Over the years, I have owned most of the funds you mentioned, but FSMEX stand…
Very interesting thread.
I do have one question. Is the index out-performance risk-adjusted?
Although a particular managed MF may not beat its bogie, it may provide downside protection and superior risk-adjusted returns.
Any thoughts???
Matt
HSNAX/HSNIX (MU) is worth researching. It holds almost half in foreign bonds.
It’s highly rated, solid performance and most metrics are at or near the top of the category.
FYI: It’s not the most conservative multi-sector fund. Just depends on…
I've held AKREX/AKRIX for several years now and have not been disappointed. It is my number two holding right now and although I plan on reducing it by three percent in the coming year or two (rebalancing), it will still be 2 or 3 in my portfolio.
…
Thx again JonGaltIII for the clarification and the interesting article.
If you don’t mind, what MS funds do you own?
Are they major players in your portfolio?
Matt
thanks JonG appreciate your thoughts!!!
May i ask why you chose FSEAX? Usually new management scares people away, especially from a fairly accomplished previous manager.
I just took a flying leap into MSAUX (pj) to “compliment” MGGPX and augment my Minuscule foreign investment.
I still believe the US is where to invest, but a little International might be advantageous and a provide a smidgen of “diversification”. …
Couldn’t agree more that MS is under-appreciated.
Their international and global equity lineups are excellent, as long as you don’t mind a little volatility, ex. MIGPX as stillers pointed out.
Two other global funds you might want to consider are: mggpx (MS) & pgirx/pgiix (Polen).
The Polen fund is less aggressive than MS fund still with very good returns.
To all that responded, thank you for your insight and opinions! A lot of great thoughts and fodder to consider!!!
MikeW thank you for your suggestion regarding FSEAX, which my wife has in her 401(k) and we are very pleased as you would imagine.
T…
