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I sent a letter to him about a week ago. Still no response. I took my first protest step by halting my automatic purchase program. I may go further and sell. The only thing that makes me hesitate would be the tax on the gains.
Scott, why do you think it's impossible for them to compete? The liquidity needed to handle possible daily redemptions might hinder performance somewhat, but it's not clear to me why they can't compete especially without the 20% performance fee.
Another odd thing about GTAA after looking at the portfolio is that instead of taking a position in say EEM or VWO with their very low fees. GTAA is taking positions in most of the component single country ETFs that all have significantly higher fee…
Scott is essentially correct. I have funds invested with a few trend following CTAs. They had fantastic performances in 2008, one up 96% (and this after 2 and 20)! However, 2009 was poor and 2011 was also poor, so Lo's funds have gotten started in a…
Yes, I'm well aware that a fund like this is just a small (5% max) component of an overall portfolio. I am invested with some trend-following CTAs which were a fantastic diversifier in 2008 for instance. The problem with CTAs is that most of them ar…
One of the latest p.r. releases for it that I could find was:
MESA, Ariz., Dec. 26 /PRNewswire-FirstCall/ -- Z-Seven Fund (ZSEVX), effective
as an open-end, no-load mutual fund in 2007, with roots going back to 1983 as
a closed-end fund, reported t…
