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.
I received an account statement from the new transfer agent (and one from the prior agent) reflecting the change over to Chartwell. I have not seen a link to access my accounts at the new agent (it was not listed on my statement either). I think I…
The top 10 holdings in NASDX and USNQX as per Google:
Nasdx
Security Net Assets
Apple Inc (AAPL) 9.51%
Microsoft Corp (MSFT) 6.39%
Facebook Inc A (FB) 5.09% …
The March 2016 Kiplinger's magazine "Annual Mutual Fund Issue" section ranks NASDX, for large growth:
#3 for 3 years;
#1 for 5 years; and
#4 for 10 years.
In each instance, it beats out USNQX.
NASDX is .49% with a fee waiver (NDXKX is related but K class). NASDX is directly with Shelton, which I own (I used to own USNQX but sold it to purchase NASDX because it performed better). I suspect K class is through brokerages rather than NASDX …
Here are two local links regarding Bernie Klawans:
Obituary: http://articles.philly.com/2011-12-22/news/30547045_1_mutual-fund-retirement-community-engineer
http://www.bizjournals.com/philadelphia/stories/2003/01/13/focus2.html
Since we are on that topic, here's Vanguard's Wellington Fund:
http://www.sec.gov/Archives/edgar/data/105563/000093247116013013/ps21022013.htm
497 1 ps21022013.htm SUPPLEMENT TO WELLINGTON
Vanguard Wellington™ Fund
Supplement to the Prospec…
Here is an earlier discussion on the change:
http://www.mutualfundobserver.com/discuss/discussion/25736/taymour-r-tamaddon-to-leave-t-rowe-price-health-sciences-fund-but-stays-with-t-rowe-price#latest
@msf
I did see the delayed filing; however, there was not reason listed for the delay; a couple of days later the amended filing was filed again listing the revised date.
@Amir
I did notice the "No front-end, deferred sales load...," but I was hoping that existing Berwyn shareholders receive "I" shares like the Lake Michigan Bond fund post I linked up last night.
@msf
The $675,000 amounts to the value of a house in Bergen, Essex, or Morris County NJ if nothing else. There is talk is getting rid of the estate tax, but it is only talk and something will need to fill the monetary void by getting rid of the est…
Being in NJ, Christie is not well liked right now as he is traveling with his security entourage on the NJ taxpayers' dime and the State economy is going nowhere. Christie was out of the state more than he was in the NJ last year. Bridgegate did n…
@davidmoran
As I start to approach retirement in about nine years, I will be one of those fleeing NJ due to high taxes. Looking at Texas with no personal income tax as the place to go.
@heezsafe
I found the N-14 filing for Investment Managers Series Trust under "Berwyn".
http://www.sec.gov/Archives/edgar/data/1318342/000139834416009080/fp0017549_n14.htm
While the filing makes no mention of receiving "I" shares for existing Ber…
@heezsafe
Since the Killen Group is being acquired, what are the chances are that those with existing investments in the Berwyn Funds will be converted to "I" shares (similar to what happened with the Stratton Funds being acquired by Sterling Capit…
Here is a link discussing the acquisition of The Killen Group:
http://www.businesswire.com/news/home/20151216006307/en/TriState-Capital-Expand-Chartwell-Investment-Management-Business
Here is an older link discussing Tri-State Capital acquiring Ch…
You can purchase QSPIX at Scottrade for a minimum investment of $100.00 plus $17 T/F in taxable and non-taxable accounts. There was a lot of discussion concerning QSPIX on Bogleheads concerning the pro/cons of the fund especially since it is to clo…
http://www.sec.gov/Archives/edgar/data/751173/000119312515409219/d104788d497.htm
497 1 d104788d497.htm MANNING & NAPIER FUND, INC.
MANNING & NAPIER FUND, INC.
Supplement dated December 21, 2015 to the combined Prospectus (the “Prospectu…
Updated:
http://www.sec.gov/Archives/edgar/data/915802/000091580215000113/stickerredmontfundiliquidati.htm
497 1 stickerredmontfundiliquidati.htm
FINANCIAL INVESTORS TRUST
REDMONT RESOLUTE FUND I
Supplement dated December 17, 2015
to th…
@Mark
When the proxy is actually issued, investors should get a better idea of of what the reorganization will affect. In order not to surprise investors/readers when the check their email or when investors open their envelopes, I posted the link.…
Last year, the index funds posted their estimated distributions in the second announcement, which in this case will probably be December 11 if history remains the same.
RiverNorth did not fit above:
RiverNorth Funds:look for fund symbols in link
http://www.rivernorth.com/mutual-funds/rncix-rncox#distributions
http://www.rivernorth.com/mutual-funds/rnsix-rndlx#distributions
http://www.rivernorth.com/mutual-funds/rn…
I still maintain taxable and non-taxable positions in BRUSX. Sure, the fund has some of bad years, but WSCVX also had some good years in the beginning;however, the last several years have not been so fantastic in comparison as value has not been do…
@PRESSmUP
My thinking is more like yours (except it sounds like you are exiting Fairholme permanently where I am not exiting TMCGX permanently) in that I will also sell my TMCGX; however, I can go back and buy TMCGX again since Turner permits four …
According to Fairholme PDF, the payout was due to:
"... We are pleased that our investment in AIG generated over $2 billion in gains for shareholders and are optimistic for similar outcomes in the current portfolio holdings based on our estimates o…
I have owned BRUFX for years in a regular account. Bought into it when NAV was about $288 per share.
I thought there were some states that would not permit you to buy BRUFX?
