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.
@WABAC: thanks for your reply. During the relatively short time I have been invested in or following the Cambria funds (in my case SYLD, EYLD, and FYLD) I am struck by the streakiness of their performance. SYLD is hurting this year (down 6+%) after …
I believe CCOR has been mentioned by Lynn Bolin in his articles about conservative funds for declining markets. I followed it but never bought it despite its solid record until 2023. It holds large dividend payers while writing options on equity ind…
Very helpful numbers, @Observant1, on the two versions of the FMI fund. I don’t know IHDG, either, but it is called WisdomTree International Hedged Quality Dividend Growth Fund, so I made an assumption.
@WABAC: can one assume IHDG has outperformed this year due to currency hedging? Foreign exchange adds another layer of risk to international investing, as @davidrmoran pointed out not long ago in a link that supported the view that a domestic portfo…
@MikeM: our TDA accounts (representing quite a small percentage overall) are going to Schwab this weekend as a result of the buyout. Some time ago, I moved my Roth and a brokerage account to Schwab and would have moved the others sooner, but Covid r…
@rforno: you are quite right about the number of new ETFs that should never have seen the light of day and which merit no recommendation. I have browsed a couple of the ETF-dedicated sites and quickly realized that what passes for news is no more th…
@bee: you are very kind to suggest I might be capable of opening a new web site devoted to ETFs. I would need a cast of volunteers to do the real work as well as a minder to prevent me from buying every can’t-miss ETF that will surely come along. Ho…
@MikeW’s question about an ETF to be managed by Giroux reminded me that more and more mutual fund providers are getting into ETFs, sometimes creating very attractive vehicles managed by successful OEF PMs. @TheShadow keeps track of a lot of these ne…
I hold DIVI for international LCV coverage. It’s done very well compared to its peers in 21, 22 and this year. Recent performance is more meaningful because the fund changed during this period to a M* index, the Morningstar® Developed Markets ex-Nor…
Also in the category of FWIIW, Jim Cramer whooped up SCHW on his show tonight, a segment I caught by accident. Our family has a handful of accounts at Schwab, so the presentation (loudly shouted) piqued my interest. The stock is down almost 38% YTD…
You are right, @MikeM. @shipwreckedandalone started a thread on CGDV in March 2022 and @yogibullbear linked the announcement of the Capital Group new ETFs that same month. @rforno expanded the discussion this year. Thanks to all.
Thanks @WABC. I find that DIVI and MOTI have a 42% overlap, way more duplication than I had thought. Further looking shows only 6% of AUM in the two funds constitute overlap, so less duplication than suggested by just toting up the number of stocks …
I would add to CGGO (thanks to @MikeM) and MOAT.
FWIIW, the Capital Group continues to roll out active ETFs, both equity and fixed income, that have a seeming chance of doing well. CGGO, CGDV and CGXU certainly have performed well during their shor…
It seems that Hewlett-Packard Packard printers may be purchased with an Instant Ink plan, in essence a subscription obligating the printer owner to purchase ink on a schedule from the manufacturer. It’s sold as a promise to make your life easier. Ho…
The right to bear arms came out of a specific historical context as @davidrmoran’s post clearly shows. The Originalists would have us believe that the reference to militias in the Second Amendment does not inform our interpretation of the text, as p…
It gets worse. WaPo reports that Ginni Thomas also received big bucks that were purposefully paid without mentioning her name. F'n disgusting.
https://www.washingtonpost.com/investigations/2023/05/04/leonard-leo-clarence-ginni-thomas-conway/
Thanks for posting this Levine piece, @Old_Joe. I followed someone’s advice here and signed up for the newsletter, but its length often deters me from finishing. Hate to think I have developed a short attention span.
Here's the WaPo article @sma3 alluded to:
https://www.washingtonpost.com/politics/2023/04/22/ottawa-county-commission/
I'm a transplant to MI, probably live in a bubble, and I could not feel more alienated from what appear to be a large percentage…
@hank: let us know when SCHW or another gored bank is a speculative buy! You keep on making money like that and you’ll be visiting another tax bracket. Best of luck.
@hank: if that's true about Templeton loading up on Union Carbide after Bhopal, he was more cynical than a PM following the "buy when there's blood in the streets" mantra.
Apparently Murdoch is quite fond of firing his headliners, for whatever that may say about the company. My wife could never understand why I disliked Lemon, who I found to be quite incomprehensible.
Brown Capital Management describes their investment approach to finding what they call «Exceptional Growth Companies (EGCs) over a three- to five-year horizon and beyond. EGCs offer products and services that save time, lives, money and headaches, o…
@hank: I think that fewer and fewer people (at least Americans) are able to read that solid periodical literature that you enjoy so much. According to today’s Times many parents are up in arms because they perceive weak reading instruction that thei…
@LewisBraham: I agree, it’s not a core international fund. What I am using now is a combination of DIVI, MOTI and FNDF, as no one international fund seems to check all the boxes. I remember a discussion here about how long Artisan seemed to be takin…
@LewisBraham: a video interview with ARDBX’s two co-portfolio managers, shows that they were former Artisan employees trained by David Samra. Each left Artisan for other positions, but were brought back 2-3 years ago by Samra to be part of the Inte…
At the risk of expressing hyperbole, I am hard-pressed to think of a single decision by a sitting president that has had such a long and negative impact as the nomination of CT. The Supreme Court, and the country as a result, have suffered terribly …
@Mark: interesting fund. I note that turnover on 307 positions clocks in at 336%. That's a lot of trading. I assume the ETF structure enables the managers to keep distributions in check.
I think OSTIX looks pretty good here and I am buying. I am clearing out REMIX, at a minor loss. That alternative fund cushioned my portfolio less than cash would have over the past 6-12 months.
The same states keep appearing on these lists, whether it be level of education or another economic or social measurement, and these have always been the states where I know my family and I would have never chosen to live. But I'm the kind of person…
@rforno: I looked at the four CGGO managers' bios and found a decidedly international bent to the team. 2 are Europeans based in Geneva, 1 a Brit based in Singapore, and 1 American working from SF. At least 3 manage(d) a global growth and income fun…
Thanks for those ideas @rforno. CGGO looks promising. I have not replaced the global growth funds that swooned in 2022, i.e., Kristian Heugh and MS funds. Do you know if the managers of CGGO run an equivalent MF strategy?
Happy for UConn men, but the women really screwed up against Ohio State, committing more than 25 turnovers. Bball and a generous state legislature made UConn into a fine university, big change from when we graduated.
@davidrmoran: DSTL would have stood you in better stead than CCOR, says he with the impeccable hindsight. Other value-leaning funds have been hurt as well recently.
