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  • Need a rec for an all-cap global fund, value or deep-value focus....
    I'd check the newly-reoriented F P A Paramount (FPRAX). F P A installed the team from FPIVX and converted Paramount from quality-growth/domestic to absolute-value/global. They've done very well at FPIVX and are adamant that cash is superior to trash.
    Tweedy, Browne Global Value (TBGVX) is excellent, about 17% cash, but tends to invest in larger fare.
    Oakseed Opportunity (SEEDX) promises to go anywhere the value is, about 21% cash, but is currently finding value in larger-cap names.
    Polaris Global Value (PGVFX) certainly fits the all-cap, value-to-deep-value criteria, excellent returns, long-returned skipper but rather more volatility and less cash than you might like.
    Kopernick Global All-Cap (KGGAX) is one the horizon. New fund run by a famous guy, David Iben. 20% cash, up 5% YTD but I'm not sure how widely-available the NL/NTF shares would be. You might want to glance at the Launch Alert we wrote about the fund a few months back.
    For what interest that holds,
    David
  • Global Fund suggestions or When to start diversifying fund holdings?
    TWEBX is now a fully global fund and is rock solid, very much like ARTGX.
    GAINX is a relatively new fund, low expenses and attacking investments from the dividend growth angle.
    DODWX is a low expense large cap value fund from a very experienced company. For my tastes they're too willing to move into big banks, but you may differ on that.
    JPPIX is a low expense all cap value fund of a conservative nature. It comes in various fund classes depending on how much you have to invest.
    PGVFX is another low expense all cap value fund which owns quite a bit of smallcap. They just lowered their expenses to 0.99%. I think it's a nice way to get international small value at a very reasonable price.
    GPROX is a new global small cap fund. There aren't too many of these around and this looks like a good one.
    FPRAX just became a global fund. Absolute value, meaning they're willing to go into cash if they can't find anything they like. From a fine fund company, it's certainly one to keep an eye on.
    There are some good choices out there. I own several of these myself.
  • Funds You Have Regretted Buying
    T. Rowe Price Global Stock (Prgsx), a bad fund that probably needs no introduction. I had hopes at one point of owning 2-3 no-load, low-minimum global stock funds as the stock part of the portfolio, but gave up on that idea and decided to go the route of good, more focused funds - and of course that means more funds overall.
    Pgvfx, Polaris Global Value, was another global fund I owned during part of that experiment that failed, but I see it's rebounded a bit in the last couple of years. Its 5-year report card, though, is still a loser.
    No rebound for Prgsx though. These days, it's sporting the inverse of the perfect M* return-risk rating; Prgsx rates as Low on return, High on risk. And somehow, it still has managed to hold onto half a billion bucks of investors' money.
  • NWGAX or NVOAX - Help me decide !!!
    One is GLOBAL and the other is "global", and they are both closing, and they are available no-load at Schwab, and I've had my eyes on these for a long time.
    Looking to transition out of PGVFX which I had held "forever" and into one of the above. Was all set on NWGAX until I noticed high international allocation in excess of 30% in NVOAX.
    So besides substantial yet lower international allocation of NVOAX, is there any fundamental difference between how these two funds are managed by the same manager - David Iben? He is even closing his ING funds as Mr. Snowball just told us this week so I'm thinking the manager is not of the kind that is only interested in making money.
    Any insights deeply appreciated.