Author Archives: Dennis Baran

About Dennis Baran

My motivation to profile funds grows from an interest in researching lesser known but promising funds so that our MFO audience may have greater awareness about fund choices. I want to provide MFO, the Morningstar for the rest of us, a service from the heart.

Intrepid International Fund (ICMIX)

By Dennis Baran

Objective and strategy

The fund seeks long-term capital appreciation by investing in an international, all-cap portfolio. The fund is non-diversified and its primary focus is on developed markets. Its strategy is benchmark-agnostic, so its country, industry and sector weightings may differ substantially from those in its benchmark index or peer group. Its process capitalizes on market disruptions, fear, and volatility to generate bargains. The fund plans to hold between 15-50 different companies, may hold substantial cash and is typically hedges its currency exposure when cost effective.

The fund is intended for Continue reading →

Fund Profile: City National Rochdale Emerging Markets Fund, (RIMIX, CNRYX)

By Dennis Baran

Objective and strategy

The fund seeks to provide long-term capital appreciation primarily by investing in locally listed large, medium, and small quality companies broadly accessible to U.S. investors within Asian Emerging Markets. The Adviser conducts on-the-ground research to provide direct insight into these companies using its domain expertise in the region, and while it may invest in companies from any emerging market country, it expects to focus its investments in Asia.

The fund is intended for long-term investors who have a time horizon of at least 5 years but preferably 7-10. It was first mentioned in the April 2015 edition of MFO as Continue reading →