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European market is still growing but at a slower rate comparing to US, and the valuation is more reasonable.
Oddly enough, the international MF, JOHIX (of the JOHCM family of funds), which has a substantial European stake, is my best performing MF…
As a final gift to shareholders before it morphs into an ETF, AKRIX distributed a CG of $3.02/sh this week. I presume only divs (quarterly?) moving forward and no more xaction fees.
AKRIX was a suggestion from an advisor several years back and I've been generally happy with its moderate, consistent performance. The CGs have been consistent as well for the past 5 years.
Question for anyone who has experienced an MF to ETF conv…