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THANK YOU everyone for your input and thoughts!! The links were very helpful as well, thanks!
The HSBS and MS funds are very intriguing as a compliment to WAFMX. Does any one know when Qatar and the UAE are to be removed from the index.
Ginko, t…
I know there are many savvy and learned investors on this forum. I was hoping to get some insightful comments and/or suggestions.
There just doesn't seem to be a lot of good info on FM funds, outside of HLMOX/HLFMX. This is why I posted.
Any inp…
Reply to @Mona: I've been in Artisan funds for many years and never heard that before, and I do meet their min. $ requirement. How do you go about getting into a closed fund? I have a Brokerage acct with FIDO, do I call my rep. and ask him to pur…
Interesting article! I hold both EM and FM funds, which I'm sure many investors do these days. I'm confident the managers of these funds will make the right maneuvers. We pay them to do so!
Matt
Thanks for the suggestion and link Ted; very good read!
I think VILLX is a little too volatile for these monies, I don't mind a smidgeon of volatility but its SD is almost twice that of HBLIX and more than double of VWINX and BERIX.
Again, thank…
Thank you again!
BERIX is a very popular and good fund, I did come across it during my search. My concerns are:
1) its not very tax efficient (Tax Cost Ratio is approaching 2.00); this holding is in a "taxable" account
2) its stock holding is bel…
Thank you for the comments so far!!
Agree, Wellington is a real plus for HBLIX; that is one of the assets that attracted me to it.
Ted, thanks for the link, glad to see it ranks high, by all rating pundits.
Any thoughts on its 50/50 (approx.) mix…
Thank you all again!
bee, I never knew a tool like that existed; I appreciate you sharing that with me!!
Ted, I will look into your alternative suggestions!
BobC, I try not to get too hung up on "style boxes" but I have a fair amount of "growth" …
Thank you everyone, I appreciate your thoughts and ideas!!!
Bee, I have not looked into ETF's, I'm not very familiar with them and I'm not sure how to evaluate them; any suggestions????
msf, agree with everything you said. I am one who does like …
Thanks again!!
mrdarcey, great points and something to consider and investigate further!!
cman, thanks for the def.!! Your explanation makes a lot of sense and I get it. I certainly do not want a "core" allocation/holding blow up my prtfolio; I …
Thanks everyone for your thoughts, truly appreciated!!
ron/cman, I do agree with your concern about the youth of this fund, but if i look at funds with 5+ years of history, i would miss out on a LOT of good MF's, regardless of the category. The FM…
Jerry, I TOTALLY agree. Those list are completely USELESS. They tell you nothing that helps you chose a particular fund! I'm not sure who finds them of any use.
Does this mean it's time to buy????
I do not plan to reduce my EM holdings; I still believe they provide good long-term growth and some diversification.
Any thoughts????
Point well taken VintageFreak! Thank you!
I tend to mostly invest in NTF funds myself, but just recently Fidelity has allowed the retail investor to participate in LOAD_WAIVED funds, of which MBAAX is one. I never heard of it until I researched t…
Thanks everyone for your insights, suggestions and time!!
Vintage Freask, you make a great point about M* and Global Alloc funds; I will heed your advice!! I still have some work to do!!
I do have a couple of follow-up questions. I noticed that …
GREAT reponses from ALL, thank you!!!!
I have 20 years before retirement and am a growth investor for the most part. I can tolerate some volatility and stayed in the market during the last big swoon.
But what seems (to me) to be a bit of "irratio…
Just spoke with Fidelity about "converting" my retail shares to Institutional shares. They said it was no problem as long as I have the required minimum. So I went ahead and did it and it did not cost me anything or trigger a taxable event!!
I al…
Sorry if i offended anyone. I was just a little surprised that 14 people viewed my post and not one made ANY comment whatsoever. I guess my expections were a little misguided!
I do appreciate the responses so far, thank you!!!
A little more info…
14 views excluding myself and no one had a comment!
Is this such a stupid question that it does not deserve a response???
Sorry for wasting everyone's time; I will try not to ask for help/opinions of such ignorance again.
Reply to @BenWP:
I too own of significant stake in MFCFX and was very dissappointed when Mr. Rao left. BUT, the fund is still performing very well w/o him! Something to ponder!!!!
I don't know anything about Janus 40 but I will be keeping an ey…
Not sure what funds you were buying, but I tried two funds in two different accounts (Trad. and IRA) and both showed a fee of $75. I even placed the orders, just to see if it would show differently and it did not!!
These were both NEW positions in…
I currently own MFCFX and have no plans to sell (yet). I was very dissappointed when Mr. Roa left but so far the fund has performed fairly well. I would not rule out MFCFX just yet, the new managers deserve a little time. They produced superior r…
When the dust clears over the next few days or weeks, I will be adding to my EM holdings (WAEMX, THDIX, MAPIX) and will be to my AA funds (FPACX , GLRBX and WHGIX).
Just as a side note, less tha two weeks ago I sold out of PRPFX. I don't often get…
Thank you all; great responses!
Catch, I do have a FIDO brokerage account, so, much is available to me. Your compare included most of the MF's I identified as worthy. But I do have a quick question; you suggested FINPX would be a better choice, W…
K_GV,
Thank you for the article! I thought it was very insightful and makes a lot of sense to a lay-person like myself.
I continue to invest in EM with half invested in Asia. I'm convinced that the next decade will be profitable, albeit, will se…
Investor, I too hold both funds (in equal percentages), BUT like you I am strongly considering consolidating them into MAPIX for the exact reasons you have outlined!!
I also agree that as soon as I do, MACSX will take off! I like the alledged dive…
I have to agree with MikeM, he is right-on! I too own FPACX and am very happy with the risk/reward metrics and returns. Rommick has more often than not held a large cash position, with outstanding returns, etcetera. So for me, it is hard to argu…
Bought a little today. I added about 1.5% to equities, mostly domestic and a tad of EM.
Not sure if we are closer to the end or the beginning of a "correction", but I know I cannot predict the top or bottom, so I dabbed a little.
I have learned o…
Well said again, scott!!!
You are absolutely right about the concentrated SECTOR bets. That just may be the bigger issue; but holding just 20 stocks in a fund with 18B in AUM, certainly compounds the issue!
I will keep a foothold in, and eye on F…
Scott, I could not agree with you more on just about everything you've said. I am a long-time holder of FAIRX (long "before" AUM hit1b) and it "was" a significant % of my portfolio, ~20%. This month I have reduced my portfolio percent in FAIRX to…
To the original question, has anyone sold FAIRX? YES!!!
I have been a long-time investor in FAIRX and in fact, had nearly 20% of my portfolio invested in it. Early this month I reduced my position by 50% and as of EOB today, I am reducing another…
VintageFreak, I agree with most of what you say, but I'm not sure what a "concentrated" portfolio has to do with a "core" holding. Granted, conventional wisdom says that fewer holdings implies greater volatility, BUT that really is not true. There…
MikeM hit it in the head. I own DLENX/DBLEX; it is a very good fund and is on the "conservative" side for EMB funds. Its returns are solid, albeit it's only been around for a year+. But of course, the management has a VERY good track record!!
I …
It is a very good fund and certainly can be a core holding. In fact, I owned it for several years. I liquidated late last year to move into LCG, not because of performance, risk or any other reason, just diversification. I'm a big holder of FAIRX,…
