Category Archives: Funds

Vanguard STAR (VGSTX), August 2015

Objective and strategy This fund of funds seeks to provide long-term capital appreciation and income. As a fund of funds, Vanguard STAR invests in other Vanguard mutual funds.  It places 60% to 70% of its assets in common stocks through eight stock funds; 20% to 30% of its assets in bonds through two bond funds; […]

TIAA-CREF Lifestyle Conservative (TSCLX), August 2015

Objective and strategy The fund seeks long-term total return, consisting of both current income and capital appreciation. It is a “fund of funds” that invests in the low-cost Institutional Class shares of other TIAA-CREF funds. It is designed for investors targeting a conservative risk-return profile. In general, 40% of the fund’s assets are invested in […]

Eventide Healthcare & Life Sciences Fund (ETNHX)

Objective and strategy The Eventide Healthcare & Life Sciences Fund seeks to provide long-term capital appreciation. The manager selects equity and equity-related securities of firms in the healthcare and life sciences sectors. The manager’s valuation standards aren’t spelled out, except to say that he’s looking for “attractively valued securities.” The advisor imposes a set of […]

James Balanced Golden Rainbow Fund (GLRBX/GLRIX), August 2015

Objective and Strategy The James Balanced Golden Rainbow Fund (GLRBX/GLRIX) seeks to provide total return through a combination of growth and income and preservation of capital in declining markets. Under normal circumstances, the diversified James Balanced Golden Rainbow Fund invests primarily in undervalued domestic equities of companies with various market capitalizations and in high-quality (S&P’s […]

August 2015, Funds in Registration

361 Long/Short Credit Fund 361 Long/Short Credit Fund will seek to provide positive absolute total returns over a complete market cycle. It’s pretty much an unconstrained global long/short bond fund. The fund will be managed by an as-yet unnamed outside sub-advisor. The initial expense ratio also has not yet been released. The minimum initial investment […]

July 2015, Funds in Registration

First Western Short Duration High Yield Credit Fund  First Western Short Duration High Yield Credit Fund will seek a high level of current income and capital growth. The plan is to invest in a global portfolio of junk bonds and floating rate senior secured loans. The fund will be managed by Steven S. Michaels. The minimum […]

June 2015, Funds in Registration

Catalyst/Auctos Managed Futures Multi-Strategy Fund Catalyst/Auctos Managed Futures Multi-Strategy Fund will pursue capital appreciation uncorrelated to global equity markets. The plan is to “employ nine unique trading models, which are applied to the four investment sub-strategies” in order to gain absolute returns through both rising and falling price cycles. The fund will be managed by […]

JOHCM International Select Fund (JOHAX/JOHIX), June 2015

Objective and strategy The fund seeks long-term capital appreciation by investing in a compact portfolio of developed and developing markets stocks. The strategy combines fundamental analysis of individual equities with a top-down overlay which shapes country and sector weights. At the level of individual securities, the managers use a growth-at-a-reasonable-price; they characterize it as “a […]

May 2015, Funds in Registration

American Beacon Grosvenor Long/Short Fund American Beacon Grosvenor Long/Short Fund will seek long-term capital appreciation.  At this point the strategy for pursuing that objective is entirely hypothetical.  American Beacon hired Grosvenor Capital Management to hire other firms to actually manage the portfolio. So far, the folks actually managing the money haven’t been named, though we […]

Towle Deep Value Fund (TDVFX), May 2015

Objective and strategy The fund pursues long-term capital appreciation. They look to invest in a compact portfolio of 30-50 undervalued stocks. The fund is nominally all-cap but the managers have traditionally had the greatest success in identifying and investing in small cap stocks. The fund looks for “well-seasoned companies with strong market positions, identifiable catalysts […]