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.
Reply to @Hogan: I agree that people are all for letting that non-prudent neighbour fail until they realize when enought of them fail, they will bring down prudent neighbors along with them.
Another analogy, isolated fires can be dealt with easily…
Reply to @JoeNoEskimo: Fed's balance sheet can stay large and can shrink over time as the bonds they hold mature. The fed has no urgency to shrink its balance sheet. It does not need the money tomorrow or any time soon. Concentration on the balance …
Reply to @hank: 3D printing is OK for solid objects that can be manufactured from essentially plastic and may be a few other materials. At this stage. It is very expensive to manufacture anything beyond prototypes or samples or one of rare items tha…
Reply to @Sven: I used to invest in Artio Global High Income fund for a while. They kept the bond fund management under Aberdeen. Hopefully, this transition will be better for them.
I believe they are closing this to channel monies to new income fund Mr. Sherman is going to manage. They are most like to deny it but it very much smells like it.
Reply to @Maurice: I think you mean on earnings by 100% tax argument as your text can also mean 100% on deposited amount.
Anyway, it is a point of view which I do not agree. As government does not collect anything when interest is 0%. I sure think…
I used this fund very short test drive time. During that time I did not like its behavior, and portfolio manager view and I decided that I was better off investing monies through my other funds. Sold the last bit after the fund closed. I am glad I d…
Not done anything in the past 2 weeks. I will be going to an overseas vacation until the end of month at a location where Internet access is likely to be questionable. So, I will most likely unable to access my portfolio along for the month of June …
If she can keep employment and employer is providing health insurance that will be huge savings...
If she is not thinking of retirement, if I were her, most of my funds would be invested in good balanced funds such as VWINX, GLRBX after keeping a r…
We all know there are some folks in the Fed and they have been consistently against QE etc. In each meeting, they dissent the decision. There are not enough of them to change the policy or they are not voting members at this time. So, while the pres…
Reply to @Charles: Thanks for the updates. I have no objection for having UI and MR to presented on the site and have a fund screener available. These are some odd measures and not generally available for public. While general verdict is sometimes d…
Reply to @flume: Bogus list intended to scare people.
* Some generic statements like that of Warren Buffet is taken out of context. If Warren Buffett thinks stocks are about to crash, why is he keep buying... They paired a general purpose statemen…
I read it and I see it self serving and he is crying wolf. Until now, PIMCO has benefited by declining interest rates. So, he turns critical when there is no longer appreciation possibility.
Ironically this is what Fed wants. Fed wants risk taking…
This is a high risk, high return fund. In an upwardly trending market this one performs beautifully. It did particularly bad in 2008-2009 when the fund was new, the valuations were stretched. I did invest in this fund close when it was very new. Sol…
Reply to @Accipiter: If a screen brings up a fund that is previously reviewed by David, I might accept to see a single Owl that indicates that such a commentary exist and clicking on the owl brings that commentary to read. Heck, the screener can be …
Reply to @Charles:
More issues:
In particular, while some funds had stable management, others have different managers so long term performance may or may not be relevant. This is not a problem that is particular to this site. Many rating sites ex…
Reply to @CathyG: Good question. I do not have a crystal ball so take my evaluation with a grain of salt.
I personally think the returns for bonds is likely to be limited going on but again I did not expect bonds to return as much as it did in 201…
Reply to @hank: Instead of a mis-categorization that Hussman might want or say, I would rather look at what he actually does with the investments.
A lot of funds, simply select S&P 500 as the index to benchmark against (or something easier to …
A few comments:
Fund ratings... The way it is presented is a bit confusing. All 20 year funds are listed in what seems to be arbitrary ordering. At least grouping their category would be nice.
Secondly, why quarterly? Why not do it weekly, montly?…
A related article from Reuters:
Pimco, Vanguard hit by selloff in U.S. government debt
http://www.reuters.com/article/2013/05/31/us-funds-investing-pimco-idUSBRE94U18S20130531
Reply to @VintageFreak: http://en.wikipedia.org/wiki/Paul_McCulley
After he retired from PIMCO, his look has changed as well. His hair may have turned silver but the roots are strong. I envy him even though I am much younger.
Some of his recent …
I think your numbers are wrong or stale.
ARLSX down 0.7%
HSGFX up 0.58%
WBLSX up 0.10%
WBMIX down 0.64%
FMLSX down 0.89%
VFINX down 1.43%
As of May 31st.
Reply to @STB65: Worked well by Google search. Clicked the link that said WSJ India. Although URL lines shows the exact same URL that Sven has posted, going directly does not work. You have to follow the search...
Reply to @VintageFreak: I did not even attempt to research as I did not care if MADIX exists or not... So, I took you in your word. I am glad I did not waste my time beyond a quick reply :)
http://www.forbes.com/sites/robertlenzner/2013/05/30/mutual-funds-biting-the-dust-at-an-alarming-rate/
This article (second link) is actually very good. It shows the survivorship bias is very high in results and while index funds are actually doing…
Reply to @andrei: Another alternative is coming emerging markets fund from Grandeur Peak.
http://www.mutualfundobserver.com/discuss/index.php?p=/discussion/comment/23015
Reply to @claimui: They already announced/filed for Emerging Markets fund when they announced Global Reach fund. That will probably mirror Wasatch one.
Here is the link to Presentation discussing the 3 funds so far. (lifted from an earlier post)
http://www.grandeurpeakglobal.com/documents/pdfs/grandeurpeakglobalfunds-pres-20130516.pdf
Well, diversification is the major difference between GPGOX and GPROX.
"The Global Reach Fund will have a similar investment focus to the Grandeur Peak Global Opportunities Fund, which was closed to new investors on May 1, 2013. The Global Reach Fu…
I looked at PAUDX and having seen much of performance leveraged exposure to bonds and derivatives decided not to invest on it. I also find Rob Arnott mixing his political views too much into his investment policy.
I do invest in PONDX which is one …
Reply to @Shostakovich: Among the industry pairs fund shop's success is measured their ability to gather assets. In theory the success of funds brings others to the same shop. Larger asset base is a good thing as the fund shop can also take advanta…
