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The Reason Im Considering This Fund Is Because Im Risk Adverse. Morningstar Shows Them 49.17% Cash - 42.95% Stocks - 7.88% Bonds. I Would Appreciate Any Other Funds People Think I Should Buy Instead Of WBALX. In My Balanced Funds Holdings, I Own ICM…
Reply to @David_Snowball: Hi David, i own fpacx, i own grspx, and i own ostvx thanks to your profile a few years ago. i was hesitant about ostvx because of the expense ratio, but they are bringing it down.i am very happy with its performance and I t…
I Sold AQRIX IN THE MIDDLE OF JUNE WHEN IT WAS DOWN AROUND 4 or 5 PERCENT. I SHOULD HAVE SOLD IT SOONER, BUT I DID NOT FULLY UNDERSTAND THE AMOUNT OF THE BOND HOLDINGS. I DID NOT KNOW THEY LEVERAGED THE BONDS. I ALSO HELD MMASX AND ABRIX BUT I SOLD …
i think davids reporting the top funds ytd was interesting, no one in their right mind would buy them, and david knows that. he was just presenting the facts. so mjg should just chill!
the bond portfolio of MTOIX is managed by mackay shields, the global stock portfolio is managed by epoch investment partners. you should google the 2 investment companies. thats what closed the sale for me when i purchased MTOIX a few months ago. by…
i have owned bufbx for years, it has served me well, do your self a favor and check out mtoix it is a moderate allocation fund. last year it returned 14.82%. ytd it is up 8.64%. and the frosting on the cake is a expense fee of .81%
fpa probley wants to gather more assets, and then sell the mutual funds to somebody else, maybe the managers group. they are getting older and want to cash out. the more money they manage the more money they will make. they are doing it to help them…
SCOTT, thanks for finding this fund, i am always on the hunt for new and unique funds that have intelligent managment and low asset base and reasonable fees. this fund might find a place in my portfolio. it would be nice if david could do some resea…
i dumped oakbx in 2009, they are a fat bloated fund. it is terrible they are reopening the fund, it is shamefull. if i was a shareholder i would dump the greedy fund. beter performing low beta funds to consider jpvtx, whgix, afsax, glrbx. i have a 5…
full disclosure, i own bufbx and fpacx. the manager of bufbx has over 35 years of investment experience. he also owns the advisor to the fund. i dont think he is greedy like fpacx in gathering assets for the fund. im sorry to hear the word is gettin…
Reply to @scott: i purchased it it 2007 and kept it less than a year - it sounded like a great fund - but it was horrible - i have sworn off long - short funds - most of my funds are balanced funds and world allocation funds.