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.
GE Finance was a big player in the long term care insurance segment. One of their moves was buying the ltc policies of AMEX around 1995. A large number of these policies provided unlimited coverage. I only know this because both of my parents had AM…
@Crash I've been using the same tax guy for 20 years even though I moved out of state in 2016.Apparently he prepares quite a few tax returns for St. Louisans who've moved out of state. The only hassles are Fedexing my info to him and the fact he on…
I would argue that CTFAX is no longer contrarian. Based on the fund's 5/1/2020 Asset Allocation Update, the fund will always hold at least a 50% stock allocation. With the previous guidelines, the fund had the option to hold only a 10% stock alloca…
With this change in investment policy, CTFAX moves to the 50%-70% allocation group, which includes VWELX PRWCX FBALX JABAX VTMFX among others. That's pretty stiff competition, so at this point I'll watch CTFAX but I have no plans to invest additiona…
ANBAX has a duration of 8.6 . The summary prospectus makes no mention of a duration range, but did say frequent trading and the use of swap and derivatives may be employed. I'm wondering if this a bond version of CTFAX with duration being lengthened…
I owned MBEAX a few years ago. Hard to recommend when PRWCX JABAX VWELX FBALX RPBAX have all done better. At least it has outperformed OAKBX and FPACX . Would like to see it outperform as a global allocation fund to provide more choice in that categ…
@old_skeet you're very welcome. And thanks for posting your experiences with CTFAX I've added the fund in my taxable and retirement accounts at Fidelity and Schwab.
Vanguard is bad for on-line transfers. I needed to move OEF positions from E-Trade to Vanguard.Even if you start the process on line Vanguard still needed a completed transfer form and a copy of my latest E-Trade statement showing the OEF positions,…
@bitzer I feel the same way about my "fun money" forays into long/short,market neutral and multialternative funds. I would have done better with VWINX AONIX or SGNVX .
I've used a variety of l/s funds ,market neutral and multialternative funds. As was said before, they work until a change in market sentiment occurs, and then they generate unexpected losses. I'm currently invested in MERFX MASNX and HMEAX . ARBF…
Based on Fidelity's fund screening tools, DODBX 3 year Sharpe ratio is .32 as of 2/29/2020, which was one of the lowest among the balanced funds I reviewed. VWELX PRWCX JABAX RPBAX BALFX MAPOX FOBAX all outperformed DODBX. OAKBX and FPACX were 2 f…
Glad I sold BDKAX months ago and ANGLX DPFNX and PMZAX a week or ago. Still hold DHEAX and SEMRX because of Schwab short-term transaction fee, but at this rate may have to sell those as well.
I've sold TRBUX BBBMX NEAR MINT GSY and JPST at my brokerages to capture what gains I had. I'm looking at funds like SNGVX THIFX BSV SHV and BIL which have held up better.
