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 [...]
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. [...]
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 [...]
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 [...]
This is an update of the fund profile originally published in December 2012. You can find that original profile here. Objective and Strategy The fund seeks to maximize long-term capital growth. They invest in a global, all-cap equity portfolio which may include common and preferred stocks, convertible securities and, to a limited extent, derivatives. [...]
This is an update of the fund profile originally published in February 2012, and updated in March 2012. You can find that profile here. Objective and Strategy MAINX seeks total return over the long term with an emphasis on income. The fund invests in income-producing securities including, but not limited to, debt and debt-related instruments [...]
Objective and Strategy The fund seeks to provide “maximum current income, consistent with daily liquidity.” The fund invests, primarily, in short-term investment grade debt. The average duration varies according to PIMCO’s assessment of market conditions, but will not normally exceed 18 months. The fund can invest in dollar-denominated debt from foreign issuers, with as much [...]
Objective and Strategy The fund seeks to provide investors with total return comparable over time to that of the S&P500, with substantially lower volatility. They seek to achieve that end by investing in U.S. exchange-listed equity options, equities and ETFs. Typically the securities and options will focus on firms similar in size and liquidity to [...]
Objective and Strategy The fund seeks to maximize total return consistent with the preservation of capital. The fund can invest in almost any sort of fixed-income instrument, though as a practical matter their international investments are quite limited. The fund’s maturity will not normally exceed eight years, but they maintain the option of going longer [...]
