This is an update of the fund profile originally published in August 2012. You can find that profile here. Objective and Strategy FPA International Value tries to provide above average capital appreciation over the long term while minimizing the risk of capital losses. Their strategy is to identify high-quality companies, invest in a quite limited [...]
This is an update of the fund profile originally published in 2008, and updated in May 2012. You can find that profile here. Objective The fund pursues long-term growth by investing in 30-50 undervalued global stocks. The managers look for four characteristics in their investments: A high quality business A strong balance sheet Shareholder-focused [...]
Objective and Strategy Payden Global Low Duration Fund seeks a high level of total return, consistent with preservation of capital, by investing in a wide variety of debt instruments and income-producing securities. Those include domestic and international sovereign and corporate debt, municipal bonds, mortgage- and asset-backed debt securities, convertible bonds and preferred stock. The maximum [...]
Objective and Strategy The fund will seek long term capital appreciation. While the prospectus notes that “the Fund will invest primarily in U.S. equity securities,” the managers view it as more of a go-anywhere operation, akin to the Oakmark Global and Acorn funds. They can invest in common and preferred stocks, warrants, ETFs and ADRs. [...]
AQR Long-Short Equity Fund AQR Long-Short Equity Fund will seek capital appreciation through a global long/short portfolio, focusing on the developed world. “The Fund seeks to provide investors with three different sources of return: 1) the potential gains from its long-short equity positions, 2) overall exposure to equity markets, and 3) the tactical variation of [...]
Objective and Strategy The fund seeks to provide investors with a positive return regardless of the direction and fluctuations of the U.S. equity markets by creating a market neutral portfolio designed to exploit inefficiencies in the markets. While they can invest in stocks of any size, they anticipate a small- to mid-cap bias. The managers [...]
This is an update of the fund profile originally published in August 2012. You can find that profile here. Objective and Strategy COBYX pursues the long-term growth of capital. They do that by assembling an exceedingly concentrated global stock portfolio. The stocks in the portfolio must meet four criteria. Circle of Competence: they only [...]
DoubleLine Equities Growth Fund DoubleLine Equities Growth Fund (DLEGX) will invest mostly in U.S. companies and in foreign ones which trade on American exchanges through ADRs. The managers profess a “bottom up” approach to identify investment. They’re looking for a set of reasonable and unremarkable characteristics: consistent and growing earnings, strong balance sheet, good competitive [...]
THIS IS AN UPDATE OF THE FUND PROFILE ORIGINALLY PUBLISHED IN July 2012. YOU CAN FIND THAT PROFILE HERE. Objective and Strategy Seafarer seeks to provide long-term capital appreciation along with some current income; it also seeks to mitigate volatility. The Fund invests a significant amount – 20-50% of its portfolio – in the securities of [...]
Barron’s 400 ETF Barron’s 400 ETF will try to duplicate the returns of the Barron’s 400. What is that, you ask? An equal-weighted index of the 400 fundamentally-strongest companies in America, give or take the effects of later screens for liquidity, diversification and such. Over the past decade, the Barron’s index has returned 10.3% per [...]
