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.
Yes, they opened back in early April. David wrote about it in his monthly commentary.
https://www.mutualfundobserver.com/2020/4/
International Stalwarts is closed to third party financial intermediaries effective June 10.
https://www.mutualfundo…
Many of the CUs in my state have a joint owned CUSO, credit union service organization, or a subsidiary to handle the initial mortgage work. This way, each credit union shares in the overall cost, rather than one credit union bearing the total cost…
If you are a member of a CU that offers residential lending, I would look there first.
If not, find out if you are dealing with a broker or an actual lender. If you deal with a broker, you have to pay them something for their time/efforts.
Many m…
I agree. I am still on the old platform with taxable accounts and will not move until they close the platform as I hold only Vanguard mutual funds. I don't need another brokerage account as I have too many already. I told the CSR the same thing; …
There is an earlier post concerning de Lardemelle's departure:
https://www.mutualfundobserver.com/discuss/discussion/56527/charles-de-lardemelle-is-leaving-iva-fiduciary-trust
Maybe something will be posted concerning it in the upcoming monthly co…
Are we surprised? Did we think the POTUS would hire people with some actual upstanding values/morals and actual ethics? How about some empathy for all of the people passing due to Covid-19? Didn't hear too much about that during his rant in the r…
Another filing from FPA concerning New Income Fund and expense waiver:
https://www.sec.gov/Archives/edgar/data/99203/000110465920083389/tm2024548d5_497seq1.htm
Here is an additional news story concerning the closing and expense waiver:
https://www.businesswire.com/news/home/20200713005370/en/FPA-New-Income-Close-New-Investors#:~:text=(FPNIX%2C%20the%20%E2%80%9CFund%E2%80%9D,business%20on%20July%2031%2C%20…
https://www.sec.gov/Archives/edgar/data/1474103/000168386320007908/f4892d1.htm
Based on the filing, it was previously an institutional class fund.
Excerpt:
This fund is the successor to an institutional account (the “Predecessor”). The performanc…
I still hold all three; however, I sold WAEMX, WAIGX, and OBIOX after holding the initial fund for many years, the second and third for several years as well as one other laggard. Bought LLSCX with the proceeds. The four I sold are performing abou…
updated:
https://www.sec.gov/Archives/edgar/data/1027596/000089418920004855/oshaughnessy497eliquidatio.htm
497 1 oshaughnessy497eliquidatio.htm O'SHAUGHNESSY 497E
O'Shaughnessy Small Cap Value Fund
Class I: OFSIX
Supplement dated June 15, 2020…
Ironic that American Beacon continues to maintain direct account services, but now they will not allow new direct accounts to be opened via exchanges or new applications. Janus Henderson reopens its "D" share class accounts after being closed for 1…
You could purchase one of the Zevenbergen Funds (Growth or Genea) investor class for $2,500.00 which is the same for the "A" class of Virtus Zevenbergen Innovative Growth Fund minus the load (maybe different if using a brokerage). Both Growth and Ge…
POTUS should go hide in his private bunker again with his tail between his legs.
https://www.businessinsider.com/trump-absent-leader-during-national-crisis-hides-in-bunker-tweets-2020-6
Look at how he talks to the Governor of Illinois:
https://ww…
I've included a link for all of the IOFIX SEC filings.
https://www.sec.gov/cgi-bin/browse-edgar?CIK=C000153407&action=getcompany&scd=filings
http://www.garpc.com/iofix/
@David_Snowball,
Thank you for clarifying the reason for the sale. I forgot about the April article.
For some reason the above link is not working, so I will attempt it again,
https://www.mutualfundobserver.com/2020/04/taking-the-polar-plunge/
@VintageFreak,
Not sure it this FT article and citywire articles address the specific reasons, but it does generalize some of the reasons for the acquisition.
https://markets.ft.com/data/announce/detail?dockey=1323-14421490-00S82T58N8PUMMHAV4VC75Q…
Just received an email about the fund closing:
May 27, 2020
Dear Fellow Investors,
We are announcing today that the Grandeur Peak International Stalwarts Fund (GISYX/GISOX) will close to new investors through intermediary platforms after June 1…
Similarly, USAA has an announcement about its mutual fund transitioning once you log in:
Important Notice: Victory Capital and USAA are updating the final technology transition date for USAA Mutual Funds and USAA 529 College Savings Plan accounts. …
Here is a registration statement from 12/29/06 for RBB Funds:
https://www.sec.gov/Archives/edgar/data/831114/000119312506261753/d485bpos.htm
In 2003, Schnieder reported a return of 106.05%.
It will be fantastic to see a chronically lying narcissistic pompous individual out on his keister because of his failure to deal with the pandemic. The sorrow is people had to die because of his ineptness.
Maybe he can inject some draino into his…
The purpose of wearing masks and social distancing is to protect yourself from catching the virus and protecting others from getting the virus from others who are possibly infected. People need to keep that in mind.
Look at the restaurants in the…
@VintageFreak,
The new name of the funds is listed above in my first post. A registration filing for the new funds is in my second post. The "I" class shares require $1,500 initial investment, the same as FPA Funds.
The May 1 prospectus reflects the total assets that you calculated. I was not able to find anything on T Rowe's website concerning the reopening Mid-Cap Value fund reopening, but it may be posted there tomorrow or the next day.
https://www.sec.gov/…
