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.
Actively managed ETFs have lower expense ratios and broader distribution than similar OEFs.
Fund firms launched active ETFs in an attempt to better compete against (gain AUM) passive ETFs.
There were 2,688 ETFs available to U.S. investors as of Nov.…
I never needed to work with brokers but I started seriously investing in the early 90s.
Overall mutual fund expenses were considerably higher then.
As you mentioned, some funds had loads and there were commissions for trading stocks.
Also, there was…
I'll review my portfolio next weekend.
Bonds comprised 24% of my holdings a few months ago.
My portfolio will be rebalanced to slightly increase bond (and possibly "cash") exposure.
Reducing equity risk is a goal since I plan to retire in a few year…
Vanguard has benefitted from two big trends: indexing and target-date funds.
Vanguard had $357B of inflows year to date through November.
This was more than the total of $353B for iShares, Fidelity, and State Street combined.
Who does Vanguard hire to manage some of their equity or balanced fund assets other than Wellington? Anybody got a quick list/reference?
Here's a list of Vanguard's active portfolio managers.
I don't think Mr. Rekenthaler's article has any relevance to VHCOX performance.
He does make some good points regarding Vanguard's customer service and recent offerings.
Like its competitors, Vanguard has adapted to the changing investment environme…
So for those, like me, who don't understand a single word of that, what does it mean to the individual computer user? What should we avoid doing?
This vulnerability mostly impacts enterprises and will keep security teams busy for quite some time.
If…
Apache Log4j is a widely used Java library leveraged by numerous applications and services.
On Dec. 9, proof of concept for a remote code execution vulnerability in Apache Log4j was submitted.
Attackers can download/execute malicious payloads and ta…
@teapot After listening to only part of that podcast so far, I am reconsidering opening a position in PRFRX. bank loans and some junk. Giroux sang its praises.
EDITED TO ADD: I've never owned a bank loan fund before. Why do I see NO BANKS listed in…
AWS (highly touted by Mr. Giroux on CNBC yesterday) has been down much of the afternoon and no idea when it will be fixed. M* tracker is down (at last check) as a result of the AWS snafu.
My workplace experienced several service outages today due …
What an excruciating experience!
This could have been a real disaster for someone who wasn't as engaged or knowledgable as you.
I'm glad it worked out in the end.
JPMorgan Hedged Equity Fund (JHQAX)
Effective as of the close of business on March 12, 2021 (the “Closing Date”), the JPMorgan Hedged Equity Fund (the “Fund”) became offered on a limited basis and investors are not eligible to purchase shares of th…
Preliminary reports suggest the Omicron variant is much more transmissable.
Outcomes for infected individuals are generally less severe when a variant spreads rapidly.
There are still many unknowns regarding Omicron.
A friend recently referred me to…
I've also had good experiences with Tire Rack over the years.
My last tire purchase (several years ago) was at Costco.
Costco has a much smaller selection of tires since they only sell a few different brands.
However, it's possible to get a great de…
"The 2022 Jeep Grand Wagoneer starts at $86,995."
I remember when SUVs really were utility vehicles.
They were often owned by hunters, fishermen, boaters, etc.
These SUVs were rugged, functional vehicles with very few amenities.
Since that time, ma…
Wood has fervent followers and strong detractors. After reaching dizzying heights the fund has slumped this year. I’m wondering how she can run an open end fund in this manner. ISTM money will flee in bad times causing all sorts of problems for ma…
Dr. Angelique Coetzee, chair of the South African Medical Association, said about two dozen patients
at her clinic showed mild symptoms which differed from the prevalent Delta variant.
Most patients were healthy men who were feeling very tired and a…
@fred495,
Thanks for the link.
The article provides important information regarding the fund's strategy and its upside/downside ratios.
Since many alternative funds have complex strategies and high costs, I avoid this category.
Two of my bond funds, DODIX and VUSFX, gained 0.42% and 0.05 % respectively.
All my other holdings were down for the day.
The biggest losers were VTMSX and IVOO which lost 3.xx%.
Today was a shortened trading day with potentially lower liquidity.
…
Scientists are concerned both by the number of genetic mutations in the critical spike protein, an area that most vaccines target, as well as its apparently rapid spread.
Data regarding the B.1.1.529 variant (named Omicron) is still scarce.
We'll kn…
A hacker was able infiltrate GoDaddy's WordPress provisioning system using a compromised password.
These are the consequences and actions taken as of 11/22/2021.
Upon identifying this incident, we immediately blocked the unauthorized third party fr…
150 years ago, the park system in our local town was bestowed to the city and its residence by the wealthy industrialists whose success was due in large part to its local workforce.
https://connecticuthistory.org/mr-mrs-rockwells-park/
Small wor…
I agree that the Russell 2000 should be avoided.
For small-cap indexes, I prefer the S&P 600.
S&P stock selection criteria introduces a slight quality tilt which helps investors avoid the "junkiest" small stocks.
I believe it makes sense to have some small-cap exposure.
If the volatility of a dedicated small-cap fund is worrisome,
you may want to consider funds which invest in a spectrum of different-sized companies.
My only small-cap fund is VTMSX and it co…
"But the Journal also noted a less publicized element of this story: Many companies, it turns out, are taking advantage of the situation to push through price increases that are over and above what would be warranted by their own higher costs. The r…
John Authers looks at inflation through the lens of the labor market.
"We can put the question of whether the latest dose of inflation is transitory to sleep; it isn’t, and many find it offensive to say so. But the question of how serious elevated …
I'll often sign in and stay logged on for many hours each day.
I'm not prompted to sign in again during this time.
I sign out at the end of the day and then sign in again the next day.
Do you have to sell the Roth because your Vanguard holdings are unavailable at TRP?
If so, you may want to consider exchanging your Vanguard holdings for ones which are available at TRP prior to the transfer.
This should enable in-kind transfers of…
Mr. Grantham's investments are quite aggressive despite his gloomy market predictions.
“This is going on as far as the eye can see. It’s an unfair advantage for green investing, Grantham said.
There may be a bubble that will affect this for a year …
So, I just searched for the dismissed Announcements and Bookmarked them. But why the Dismiss option is even there? Normally, options toggle (ON/OFF), but this one doesn't. If a filler is needed under that Setting-wheel, it could just say Hello inst…
I dismissed one of the four announcements (November Commentary is live!) under the 'Discussions' heading.
After doing this, I searched in vain for a way to restore this announcement.
I signed out of MFO without clearing my cookies or restarting Fi…
I fearlessly predict that the markets will make a major move sometime. Subscribe to my financial advice bulletin to find out exactly what and when! Be an insider! You wont regret it!
I predict that the markets will fluctuate.
Money back guarantee if…
Peter Lynch was one of the most renowned star managers.
He was a pretty good author as well! ;)
I liked that he didn't overstay his welcome and risk slipping into mediocrity like so many other fund managers.
