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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
  • Best of the Best Fidelity Funds to Buy
    @ron
    From Jan 3, 2018 to Jan. 2, 2020; about 29.6% total return for FCPGX.
  • How to avoid or hedge rollover limbo?
    Do your 401k plans have any special requirements to withdraw the money? This question could apply to whomever is receiving the rollover.
    One of our rollovers to an existing T-IRA required that Fidelity provide a "letter of acceptance" to the 401k custodian.............basically, a YES you are loosing your customer and Fidelity is and will accept the money. DUH ??? So, this transaction took 2 weeks because of postal mail time.
    On the other hand, I rolled a 401k operated by Vanguard to move the money to Fidelity; and Fidelity called "their" Vanguard contact, with myself and the 2 of them on the phone. I provided security information that satisfied Vanguard's requirements and the rollover took place electronically between the two parties. I received paper confirmation about 5 days later from both.
    I can't provide help with concerns for market place happenings during the transfer idle times. At best, this means nothing; at the very least this is not more than a coin toss for any 2 week period of the markets, yes?
  • Best of the Best Fidelity Funds to Buy
    @stillers
    I agree with your observation of FBALX. At .53% E.R. and a since inception (1986) annualized return of about 9.3%; well, if one is doing better than this, then stick with your plan. If one wants to retire from meddling with their portfolio; this fund, as well as whatever moderate allocation funds one has access to, may provide your managed account choice without the need of an advisor.
    I read through the article, and perhaps some folks have or still do consider Fidelity to be pricey. If so, they have not done their homework and also do not understand or know the history of Fidelity and its positive impact upon the investing marketplace helping provide the diverse and inexpensive investments available to the small, individual investor today.
    Fidelity, along with Vanguard and Schwab placed enormous pressure into the diversity and pricing of mutual funds, especially during the 1980's. Their actions then (forcing the high loads on mutual funds of companies as Merrill Lynch and the rest to have to re-do these fees or lose customers) and today; with their continued pricing and offerings pressures still to the benefit of the small, individual investor.
    As to the choices in the article, well; as usual, everyone will make their appropriate choices.
    Disclosure: A Fidelity customer for more than 40 years and biased to the favorable side of investing with them.
  • How to avoid or hedge rollover limbo?
    About half of our retirement savings is still sitting in the 401K accounts for my wife’s and my former employer. It’s a good 401K plan with a range of index funds, low expenses and a decent stable value fund. We’ve been rolling over some of the funds each year to Roth IRAs, at a rate that doesn’t bump us up to a higher tax bracket. Eventually, I would also like to transfer the remaining funds to our existing Rollover and Roth IRAs.
    Here’s the rub. Every time we do a transfer or rollover, the money is out of the market for up to two weeks. The markets often make big moves in two weeks time, and I prefer to stay invested. In almost every case in which I moved funds, the markets went up, so I essentially lost money by being out of the markets. So far, the amounts haven’t been huge because I’ve transferred amounts ranging from $5,000 to $20,000. However, if I decided to move my entire 401K accounts, the amounts could be sizable.
    Of course, the transfers could work in my favor if the markets dropped during the time that my 401K funds are sold and reinvested two weeks later — but it never seems to work that way.
    Does anyone have any ideas for speeding up the rollover/transfer process or hedging the potential losses?
  • Futures slump after U.S. kills top Iranian commander
    "(Reuters) - U.S. stock index futures shed about 1% on Friday after a U.S. air strike in Iraq killed a top Iranian commander, sharply escalating geopolitical tensions in the Middle East and denting risk appetite."
    Article
  • Best Growth Stock Mutual Funds
    I was not recommending this fund. I was not not recommending this fund. I have no interest or position in it. There is nothing to agree or disagree with. I was simply pointing out that it was the top large growth fund in 2019 which returned 43% and cost 0.99%, which appears to me to have been good value - in 2019.
  • Best of the Best Fidelity Funds to Buy
    https://investorplace.com/2020/01/7-best-of-the-best-fidelity-funds-to-buy/
    7 Best of the Best Fidelity Funds to Buy
    These Fidelity funds are some of the best from the issuer's expansive lineup
    Many investors think of Fidelity as a giant in the actively managed mutual funds space. That is true, but Fidelity funds run the gamut of actively-managed mutual funds to passive index funds and exchange-traded funds (ETFs).
  • why it’s about to become much harder to save for retirement
    https://www.businessinsider.com/retirement-saving-advice-2020-from-blackrock-bond-cio-rick-rieder-2019-12
    BlackRock’s $1.7 trillion bond chief explains why it’s about to become much harder to save for retirement — and shares his best advice for doing it successfully
    Safe, high-yielding investments are shrinking in availability at a time when retirement savers need them the most, according to Rick Rieder, the global chief investment officer of BlackRock’s $1.9 trillion fixed income business.
    He estimates that 1.8 million people in the US will hit the retirement age of 65 every six months — double the pace from 20 years ago.
  • FMIJX: magical numbers from Morningstar?
    I don't think they have updated the database for bonds. My Portfolio Manager still shows 2019 TRs for my bond funds.
  • *
    After digging within MFOP for cashlike ETFs, I am now studying VCSH to augment MINT, and while I say I could trade off volatility for return, I see it spent almost a year underwater (starting end summer '17), eesh. (That's just about the time when several here started mentioning the appeal of VCSH ....)
    Available Fido and ML no problem; not positive there are no restrictions on quick trading, but I believe so.
    fwiw and anyone seeking similar, my boiled-down results also included ICSH, GSY, SLQD, and LDRI.
  • *
    Found this old post by Junkster concerning HOBEX concerning MLPs in retirement accounts:
    https://mutualfundobserver.com/discuss/discussion/comment/110225/#Comment_110225
  • Best Growth Stock Mutual Funds
    DFDPX is numero uno in the large growth category. Worth paying 0.99% for 43% growth in one year, wouldn't you say?
    https://www.morningstar.com/funds/xnas/dfdpx/quote
    .99% wouldn't be too much to pay for 43% growth - IF someone had bought the fund before 2019. But today, Jan 2, 2020, last year's performance is not necessarily indicative of future results. If you don't believe it, read the prospectus.
    The girls who were pretty last year will likely be pretty this year. But funds that were pretty in 2019 won't necessarily be pretty in 2020.
  • *
    Bobpa: "Any opinion on LALDX or HOBEX? Thank you for all your input." .
    Bobpa, I owned LALDX for years through an employment retirement menu--I considered it a good, relatively low risk, fund, with a large AUM (likely due to its being marketed through company retirement plans). I think Lord Abbot is somewhat more aggressive in their asset management approach for this fund, compared to funds like DBLSX and DHEIX. I think it can be a good fund for ballast portfolio roles, and for a conservative bond oef investor, it looks like a very viable option.
    Regarding HOBEX, it is a relatively new fund (about 3 years old), generally looks to be a High Risk/High Return fund for its category. Focuses heavily on Corporate bonds, and with a bit higher volatility than most of its peers. I don't like its very high Expense Ratio (1.81) and I don't care for a relatively steep peak to trough loss in 2018 for this category of funds. It would not fit my criteria for investing, but certainly has had a high return for its category in its 3 year existence. It is not a fund I follow, not a company I am familiar with, so I personally would be careful with what I know.
  • Best Growth Stock Mutual Funds
    I second Gary1952, AKREX it’s an excellent fund.
    I’ve been transitioning POGRX into AKREX for two years and am very happy that I did.
    The risk/reward profile is far superior to primecap. It is a bit pricey though.
  • Best Growth Stock Mutual Funds
    I have noticed that the Brown Advisory website is ridiculously slow to load, trying just to get to the home-page. Further, it appears to me that someone (the idiot webmaster?) has decided to make it confusing to sign-into one's own account. You have to hit upon the correct webpage, and then it's standard procedure, and quite simple: username, password. But using google or yahoo or any other search engine brings up several other false links which LOOK like the one you'd probably want. I just did it again, just to see it. There's multiple clickable links for :
    1. TouchPoint
    2. Austin Clients (what about the REST of us??????)
    3. Brokerage accounts
    4. Mutual fund access (THIS is what we want)
    5. something called "PIVOT."
    6. something called "Trust Now."
    ...I'd have simply cut-and-pasted the URL link here, but this borrowed Mac makes it impossible to find where the actual URL link is hidden. Apple's done a great job of not making it obvious. The specific URL just isn't anywhere where it can be spotted, seen and identified. The only thing in the address-bar says "brownadvisory.com." About as helpful as a bicycle is to a dead carp.
  • FMIJX: magical numbers from Morningstar?
    This may be related: I noticed that the "2018 Return" column on one of my M* custom views auto-magically rolled over to "2019 Return" this morning, Jan 1. (I use 2018 returns for a quick comparison of how funds fared during a recent down year.)
  • Best Growth Stock Mutual Funds
    This is the link to their mutual fund page.
    https://www.brownadvisory.com/mf
    I'm not sure why they make it difficult to get to this page. Clicking on "how to invest" gives access to all their reports & forms.
    This link is to their 2018 Sustainability Impact report in which the BIAWX fund managers detail their strategies & companies that they're invested in (or were).
    https://www.brownadvisory.com/mf/2018-impact-report-sustainable-growth-fund
    I've been in this fund for about a year.
    Interesting fund. But call me crazy, I can't find any annual or semi-annual reports on their site - just fact sheets and commentaries. All I see is the firm's own 'annual report' which they want you to fork over your contact information to access, which I won't do.
    BIAWX. Brown Advisory "Sustainable Growth." Low minimum to get in.
  • FMIJX: magical numbers from Morningstar?
    Agree with both msf and catch22,
    2018 (9.46%) YTD
    2019 17.07% YTD*
    * (YTD Fund as of Dec 31, 2019)
    |
  • FMIJX: magical numbers from Morningstar?
    Agree with msf.
    From my looking about at M*, most mutual funds retain 2019 and prior year numbers properly as of Jan. 1. ETF's returns have already rotated numbers (apparently at midnight) and show 0% for YTD (being 2020 reference).
  • FMIJX: magical numbers from Morningstar?
    Either the columns were briefly mislabeled or you misread them. They currently show a 2018 return of minus 9.46% and a YTD (as of 12/31/2019) of 17.07%.
    As of 12/31/19, the year was 2019, so the YTD return was the return for 2019.
    According to the FMIJX prospectus, the 2018 return was minus 9.46%.
    According to FMI's Current Performance page, the 2019 return was 17.07%.