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.
Support MFO
Donate through PayPal
BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
@Chang comment made me realize that a good portfolio management requires contemplating the possibility of a narrow DJT loss.
I have been sleep walking thinking my portfolio will be fine with either candidate winning.
@WABAC, I have to decide if I want to be a trader of bond funds or increase the size of my equity trading account and ride the MM train for a few more months. It is just a question of changing my mindset and expectations.
BaluBalu and others:
To the best of my knowledge there are no US mutual funds or ETFs dedicated to investing in the Nordic bond high-yield market. The 50 funds mentioned are all overseas UCITs
Thanks David for confirming. Look forward to NRDCX’s…
When good news is bad news department:
Now that I have "prepared" my portfolio for rate cuts, I'm thinking about preparing my portfolio with something like FFRHX again.
I find investing in equities so much easier. Since beginning of 2022, after m…
@BaluBalu, Yahoo Finance has purchase info https://finance.yahoo.com/quote/SHRIX/purchase-info/
Thanks for the link. I see this info on the website. The yahoo website is getting hung up on my computer and is not usable but works on my phone. Anyo…
@JD_co,
I think for an objective evaluation, the wagers at IBKR (see link below) and https://www.predictit.org/ are a better indication than DJT stock price.
https://forecasttrader.interactivebrokers.com/en/home.php
Terrible hurricane, more than 90 confirmed dead... I love my CATs, but I sold 80% of them on Friday. Strangely, they jumped up happily when Helene passed through: on Friday, EMPIX was up 0.19%, CBYYX was up 0.35%, and SHRIX was up 0.44%. Maybe they …
To @hanks point on inflation, the premiums for 2025 HC policies are out. I have been in the lowest premium policy and the premium for 2025 has increased again by over 15%.
May be we should start a new thread on HC insurance with renewals coming …
are any of these other funds available in our regular brokerages to invest with regular commissions/ transaction fees? If not, pl share US based competitors to NRDCX that we can invest.
I think the problem with selling is often the violation of a basic tenant: Never turn a trade into an investment. You go into a trade (hopefully) with an expectation of a specific outcome. You should also have a specific profit goal. When you rea…
@BaluBalu. For me it is always easier to make the buy decision then the sell. I have been at this since 1984 and my list of famous and successful managers that I have invested with is a long one. I could not prove it but I think I would be miles ah…
@larryB,
To say the obvious, wars and all current events have investment implications.
What is not relevant is relentless propaganda (of any kind) in the name of or disguised as investing discussion.
Forum members who are interested in an inv…
@wxman123,
On point that the fund did not do a good job recovering from Covid loss. More surprising to me was that for a L/S fund it lost as much at that time. But we have a completely different management team since Sept 2021 and so I am going t…
@rforno,
For a concentrated fund, see if you like this three month old fund, FCTE. Only 20 holdings, equal weighted upon monthly rebalance / reconstitution. Better staffed and resourced. Three month old.
One of the best sponsored ETFs I am aw…
Obviously someone thought it is not their money to lottery with to give these guys $20M to start the fund. There has never been a seller without a buyer!
If you look at the current holdings weight, the equal weight statement makes you scratch your head. These guys first need a compliance department staffed with humans. Do not forget that the total personnel at the subadviser is only 1 person (for a…
Thanks @TheShadow. Special thanks to YBB - Agree that the info should be in the prospectus.
@JConn_CrossingBridge,
My two cents about showing the manager or Trustee’s ownership of the fund. This info is normally in the SAI (currently shows zero …
@JConn_CrossingBridge,
Does this fund anticipate making distributions monthly, quarterly, or annually? (I think all the CrossingBridge funds pay distributions monthly.))
Does this fund accrue dividends daily into investor account or does the NAV …
The fund normally rebalances once a quarter. It would be interesting to see what fail proof measures the fund has in place / adapts to counteract a change in a major trend soon after a rebalance. Some trend following funds rebalance once a month,…
i'm with fd, more or less, but i can't envision any outcome that isn't calamitous and tragic for one and all, on both sides.
@linter,
Giving you the benefit of doubt; on the off chance you did not notice, this thread was created / opened in the "In…
No need for name calling.
No need for world history lessons - plenty of credible, useful sources on the internet.
No need for activism. The rest of us have all made up our minds about the world; you are not going to be able to change our minds - sa…
Thanks you both for your replies. Did the alternative allocation come from (reducing) your historic equity allocation or from your historic fixed income allocation?
For disclosure, since I am asked you about your info-
I started PHEFX and HELO a…
In a nod to all those still parked in short term and / or floating rate stuff,
Stan Druckenmiller at the Grant’s conference yesterday -
“Bipartisan fiscal recklessness is on the horizon.”
He’s short bonds equivalent to 15-20% of his portfolio.
…
@fred495 and @MikeM,
If you are OK disclosing, what percentage of your portfolio makes up alternative funds and which one of the alternative funds do you currently own.
For five or six years prior to 2023, CAT bonds (index) returned a total return of 4% or less per year on average. That is not enough return for the risk over such a long period of time. I am guessing the risk premium had to change, increasing the …
Looking at Charles’ fund performance chart, I can not help but ask myself,
You buy QLEIX at the beginning of 2018 at the then peak performance (just like in 2024) and hold because everyone tells you about its past performance. How did it make you…
balubalu: here's what happened last may, tho i don't fully understand it: https://www.artemis.bm/news/cat-bond-market-suffers-one-of-its-biggest-non-loss-event-weekly-declines-icosa/. other than that drop, i don't see any other significant ones in …
I am trying to understand the CAT bond funds' behavior, why do their NAVs sometime have a sudden drop not associated with any insurance related event or dividend / distribution payouts?
