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.
These three stocks already figured in the fund’s holdings, so not new buys for Giroux. Surprising strength just judging by how well they have held up the last couple of down market days. RVTY defied the big drops in all indices on Wednesday.
Anothe…
@BaluBalu: Thanks for that link. After doing my best to understand what this fund purports to do and how, I wondered if the people in charge might be running a seminar at my local Holiday Inn for people like me.
@BaluBalu: I never have owned it. Before just looking at a M* listing of all the Artisan funds, I had not realized that ARTTX is their only domestic LCG offering. A single manager has been running it since inception; I don't see Christopher Smith as…
CNBC noon show today featured a short discussion on prospects for healthcare in the near term. Both participants were cautious to negative, one saying that despite the return of growth stocks this year, biotech has not seen any rally. Merck reports …
To be perfectly honest, and totally conflicted, I am not in the least bit proud of holding some healthcare companies, either their stocks directly or indirectly via my funds. I just found out that one fund I hold has a big position in Phillip Morris…
@Puddinhead: I recently sold XLV, but I am holding on to BHCFX. My inexpert opinion is that uncertainty (as alluded to in above analyses) will hold healthcare stocks back. However, an aggressive fund, such as the Baron one, might be able to find goo…
How do I get to be an influencer? I'm planning a run for Congress, but I need a launch pad from which to hurtle into fame and fortune. I have never read such hooey as in the linked Sun article. How did I not know about these people and these phenome…
Back to the original topic…
Amy Zhang was supposed to be a star SCG and MCG manager at Brown Capital. She got hired away by Alger. However, her record there leaves a great deal to be desired. Not that her former fund BCSIX has shot the lights out s…
@rforno: CGDV certainly looks like a good idea based on what it’s done in its short lifetime. What I find surprising is that last year’s dividend darlings SCHD and GQHIX, to name a couple I have followed, are really sucking air this year by comparis…
Etfrc.com also tells you the stocks a given ETF is underweight with respect to another fund. Overlap is expressed as a number of similar stocks as well as the percentage of the two fund's similar assets. I like the site.
@LewisBraham: re: the Capital Group ETFs. Did you find the same team approach as the American OEFs, or are there differences? I own CGGO and CGGR, both of which have four-person teams, but I don't know about those teams' access to research and analy…
Due to a couple of bone-headed moves, I ended up with both institutional (TF) and retail (NTF) of the same fund at Schwab (not Lazard). I asked to have the retail shares, which carried a much higher ER, converted to institutional. The Schwab rep fi…
@yogibearbull: We had to choose the AT&T bundle because we are far enough away from a main street to have to rely on a buried copper cable for all our connectivity. Comcast is in town but would have charged us big bucks to lay a cable 2/10th of …
A quick look at GRID (First Trust Clean Edge®Smart Grid Infrastructure ETF) shows 17% utilities as well as many industrial and tech companies that stand to benefit from what Giroux is talking about, namely the conversion to green energy. GRID does n…
Just received this newsletter regarding KMLM managed futures fund and its rationale for not including equities at all in its trend-following ETF. If I understand correctly, the argument is that trying to short equities, for example, is tantamount to…
This week's New Yorker has a fine article about the rise of Gov. Whitmer and the Dems in my adopted state. Not sure if Condé-Nast paywall allows guests to read a limited number of articles. The portrait of Whitmer, in color and in her signature leat…
In 2022 I was one who tried using BLNDX/REMIX, a fund that engages in L/S trading of stock indices, FI, currencies, and commodities. The managers’ monthly reports are quite detailed regarding how their positions fared over the previous 30 days and w…
@WABAC: I have hung on to FIW with no regrets. Of the « theme » ETFs I own or have owned, PAVE held up the best during 2022. The ones I sold don’t get mentioned.
@WABAC: ISTM that at the time you mentioned buying TAN, you also spoke of GRID. That was a great pick, up some 38% the last year. QCLN and ICLN, also clean energy themed, have both failed to put up exciting numbers.
This one might be "flashier" than what @Crash had in mind, but give a look to DGIFX, which just happens to fall into the same Lipper/MFO category as PRWCX/TRAIX. M* 5 star/gold. Not on any of the fund supermarkets, so requires direct investment.
The NY Times is closing its sports department and will offer The Athletic, an online sports “page.”
As the Brits say, there will be “redundancies,” amounting to at least 35 journalists. I don’t know if my subscription to the Times will continue with…
@WABAC: did you see the Times article on the cost of repairing the fancy new cars with all their sensors and crash-avoidance software. Apparently a guy slightly damaged his new pickup truck and the repair bill came to $42,000. @davidrmoran: that mig…
I thought The Chronicle was a good paper when I subscribed to it during the ‘87-88 academic year when we lived in Berkeley. Sorry to hear of its decline. We had a great range of papers when we lived in Chicago in the late 60’s. I fear that they have…
I still have a M* subscription because of the stock coverage. I own two of the Van Eck “moat” ETFs and I occasionally dabble in an undervalued stock or two. The MF coverage continues to grow worse and worse as many others have pointed out.
Matthews first four active ETFs have only a year under their belts, so hard to tell if investors will benefit from the new vehicles, many of which are clones of existing OEFs. MEM and MEMX have not been bad at all.
I concur with @BaluBalu. It is really hard to know if the high equity allocations are held in accounts which the retirees count on to fund their ordinary expenses or whether they are investments for children or grandchildren who may have a long glid…
As a kid I recall the fireworks stand or two that cropped up a few days before the 4th. Of course, I was fascinated by the stuff that could make the biggest bang; things called Cherry Bombs were loudest and were powerful enough to blow off a finger …
@David_Snowball: wonderful trivia about Kai Ryssdal, who is said to have the most enviable voice in radio. I was not a pilot, but I was headed to advanced ROTC and probable assignment bombing Cambodia or Thailand like my college buddy. Dropping out …
@dtconroe: great story about your wife's level of expertise. It's a good thing you didn't try to explain bond CEFs, their yields, discounts, etc. (LOL!)
@MikeM and @InformalEconomist: Wasatch does have WAGOX, a global SCG fund, but it's really volatile and holds 57% US stocks. I also left GP, so obviously no suggestions for that firm. As for a more measured approach to global SC, I prefer either Pea…
Sorry to hear about Robert Bruce. Owning BRUFX was a bit of a challenge, given the iconoclastic nature of the company. One cannot, for instance, put a slice of this good fund into an IRA held elsewhere to take advantage of its high distributions.
T…
Very interesting points raised by several members. It is true that the equal weight fund does have to sell its winners down to the .2 allocation, but I understand that such rejiggering occurs only 4 times per year. Winners are pared back while stock…
