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.
Here's one part the Times points out about an employee who worked in a Richmond County, NY center: " While Alberto Castillo, a 42-year-old husband, father and Amazon worker, was in the hospital suffering from Covid-related brain damage, the company …
Part of the performance may be due to its holding in TPL,Texas Pacific Land Corp., up 9.66% today, another all-time high. It's also doubled since February. At EOY it had a 38% position in it, and Mining, Quarrying, and Oil and Gas Extraction had a 4…
Robert Louis Stevenson, along with Lloyd Osborne, wrote a black comedy titled The Wrong Box whose subject and plot is the tontine. Free online read on a number of sites.
Here's one review from Faith Jones, 2018.
https://medium.com/@havingfaith/b…
Charles Schwab to Cut 1,000 Jobs in TD Ameritrade Integration
The move will trim the combined workforce by about 3%, San Francisco-based Schwab said Monday in a statement. The cuts are part of an effort to reduce “overlapping or redundant roles.”
…
Numbers Gal: David discussed these departures in this month's Commentary. https://www.mutualfundobserver.com/2020/09/matthews-asia-high-profile-shuffle-limited-downside/
Also, as of today, an Artisan spokesperson confirmed that Hsiao has also joine…
MikeW: FYI
My favorite fund is MIOPX which is managed by Kristen Heugh. This is a strong international fund with broad exposure to Europe as well as emerging markets. Ben suggested their global fund which is also excellent. If you run the numbers y…
@MrRuffles The fund is open at TD: NTF $2500 Regular and IRA. $0 for additional buys. Fund listed as closed because TD gets their fund information from M*, their third party vendor, and M* has not updated the fund I'm told.
David: I came across this fund some years ago, considered owning it, but then chose an alternative. Since then, I haven't followed it. Here's an article from 2018 at the Star Tribune, Mpls.
https://www.startribune.com/minneapolis-mutual-fund-manage…
Trump Will Judge Election Fairness After Vote, White House Says
https://www.bloomberg.com/news/articles/2020-08-19/trump-will-judge-election-fairness-after-vote-white-house-says?sref=368neHRO
A new fund as of February 2020 -- Morgan Stanley Developing Markets Class A (MDOAX)-- run by Kristian Heugh and a team in Hong Kong investing in EM since 2006 focused on buying mega and LC companies in Asia, Latin America, Eastern Europe, the Middle…
VWUSX currently has 251 holdings, the top 10 representing 40% of the portfolio.
MFOP shows that in its 60+ year life, the fund has returned -0.1% APR vs. the S&P 500 and its MFO Risk and MFO Rating both as 1 (Worst).
OTOH its more recent perf…
@msf Informative summary of usenet files. How I remember (now) the churn that these Janus funds underwent and how their firm AUM dropped so precipitously.
@msf
For me it was misc.invest.mutual-funds (with a hyphen:-)) to FundAlarm to MFO. I believe I followed Ed to FundAlarm when nonmoderated Usenet groups became nothing but spam.
And the approximate time frame for that was...?
:)
ICYMI: President says rising virus cases and bad polls aren't real. https://www.bloomberg.com/news/articles/2020-06-28/trump-dismisses-virus-polls-and-recession-to-tell-winning-story?sref=368neHRO
Here's what I can share from owning ZVNBX, one of the two Zevenbergen funds -- the other N class being ZVGNX.
The fund managers are very focused and articulate about their reasons for owning a concentrated portfolio of two large cap growth funds, …
Some additional info about reasons for the name change ...
https://www.artisanpartners.com/content/dam/documents/press-releases/mf/Thematic-Fund-Name-Change-and-Anniversary-27-May-2020-vR.pdf
@Lewis She'd be well suited for Secretary of the Treasury.
She'd also be well suited to be president. Saying a woman candidate is suited to be a "secretary," even if it's Secretary of the Treasury is a dangerous line in 2020.
So we can longer "com…
@davidmoranDude, Cotton is a mini-trump, worse in many ways actually, and ccn, seriously.
Be better, not a johnN clone.
Hey, david, you missed my point and my sarcasm. I know what Cotton is. And BTW, I'm not a dude.
@davidmoran
Good to probe ccn, the organization itself. Interesting.
@LewisBrahamWhat’s absurd to me is this notion that the Coronavirus was concocted in a Chinese lab. Racist too.
Republican senator Tom Cotton believes it, and the the ccn story w…
https://nypost.com/2020/02/08/chinas-culture-of-lies-has-helped-spread-the-coronavirus/
Part of the article reads:
One crematorium manager told a Hong Kong reporter that, in normal times, his 24 ovens were lit five days a week for four hours at a …
@MikeW: "DHEIX has an average annual return of about 4% and a MAXDD of only 0.2%. Looks like a very interesting fund. SD is only 0.7."
Also, DHEIX has only been negative one month. I shares were down 17bps in November 2016 while the benchmark was d…
@LLJB
I contacted the compliance officer at Leland and asked him to address the fund's use of swaps, leverage, the 4Q18 MAXDD, and your example of the Mastercard swap, from the information you cited earlier.
His response: "Unfortunately, I can’t …
@LLJB You're right about the inception of POAGX, and so that's a mistake. Thanks for pointing that out.
As far as the 3yr. comparison of the Leland fund and POAGX, I wanted to use an aggressive growth fund to show the performance record of both fun…
@FD1000 DHEIX is the only one with 80+% in investment-grade rating. I can't buy DHEIX at Schwab but I can buy DHEAX with no fees.
I'm pleased that someone mentioned DHEIX at this point in this discussion and its performance. It has outperformed RPHI…
@BenWP
Ben: The “secret sauce” that you are looking for is a calculation that’s IP (intellectual property), and so Refinitiv is unable to disclose more than what is publicly available (PE Research Methodology and VC Research Methodology) to avoid a…
The Leland Reuters Family consists of three funds: Thomson Reuters Venture Capital Index Fund, Thomson Reuters Private Equity Buyout Index Fund, and Real Asset Opportunities Fund.
We’ll focus on the first of these.
Objective and Strategy
It’s com…