It looks like you're new here. If you want to get involved, click one of these buttons!
GVAL has a ton in Brazil and Europe (Spain, Italy, etc.)Well, at least GTAA did not fall during 4 years (it hugely underperformed other global funds). But his new global fund GVAL plunged down 13.5% during the first 8 months of its life. I do not know what is wrong with Meb as a money manager. Having his money in his funds is commendable, but should we follow his example? He is getting paid even when his funds are going down.
But that doesn't seem to jive with this current article from Barron's:
Investors Pull $27.5B From Pimco Flagship Fund In October
http://blogs.barrons.com/incomeinvesting/2014/11/04/investors-pull-27-5b-from-pimco-flagship-fund-in-october/?mod=BOLBlog
Mike_E
Link to fund webpage and fact sheet:The Cambria Global Momentum EtF (the "Fund") seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction. The Fund intends to target investing in the top 33% of a target universe of approximately 50 ETFs based on measures of trailing momentum and trend. The portfolio begins with a universe of assets consisting of domestic and foreign stocks, bonds, real estate, commodities and currencies.
Take a look at OSTIX...similar holdings...shorter duration...better results:How about Thompson Bond?
© 2015 Mutual Fund Observer. All rights reserved.
© 2015 Mutual Fund Observer. All rights reserved. Powered by Vanilla