TMSRX The fund is off 1.29% YTD. If they’re having to unload assets due to heavy redemptions it would explain part of it.
But what an odd week it has been. Enough to throw any money manager’s barometer into dysfunction. Suddenly we’ve awakened to inflation. Really? So rates on the 10-year are almost back to where they topped-out last March. Back than there wasn’t the hysteria that seems to have accompanied this week’s bump-up in rates. The Fed speaks? Does anyone listen? You can’t invest based on what they say because they can change course on a dime if, in their words, “the current data suggests …”
Talk about cross-currents … Industrial metals are on a tear this week. Rio Tinto (RIO) is having the best week since I bought it several months ago. But, gold - a typical inflation hedge - has seen two of its worst days in recent memory, dropping more than $35 on 2 days this week and dragging down miners. Wheaton Precious Metals (WPM) has experienced its worst week since I bought it several months ago. Than there’s the tornado that has ripped through the ARKK-type funds - affecting other market sectors. Maybe one of those yellow highway caution signs needs to be displayed: “Caution! Short Sellers at work”
Sorry if this is too far off topic. But I think these are the type of questions to think about when buying or owning a “multi-asset” fund. Or, do we just buy whatever has the best 3 year track record?
VTSAX benchmark That is not what gradual changes mean. That mean that when stocks go in/out of the index, CRSP does it in a few steps over a few days (unannounced).
Weighting of LCG vs LCV is what it is for total stock market and the index provider is not obligated to balance it. For example, here are the weighs (from M*) for DJ total stock market index that Fido FSKAX follows: LCV
16%, LCB 27%, LCG 30%.
https://www.morningstar.com/funds/xnas/fskax/portfolio
VTSAX benchmark
CRSP indexes make gradual changes/transitions, unlike Russell indexes that make all changes on a single preannounced date
I see that VTSAX is currently 29% LCG and
16% LCV. I assume this happened as a result of the run up in the FAANG stocks. Will "gradual changes" bring LCG and LCV more in balance?
Illiquid securities? If your distributions are large enough to purchase at least 0.001 shares then that's what they will do. If not, they may just deposit the distribution funds into your core account. You might want to give them a call or open a chat online to confirm.
I'm Not Sure Wood at ARK ETF Knows What "Soul Searching" Really Is I'm a Cathie Wood fan. You need out of the box conviction if you really want to outperform. I remember watching her on CNBC a few years ago where she explained her TESLA thesis while many others were talking about eventual liquidation or acquisition. No investment style can work all the time, because if it did it would be duplicated or arbitraged and end up not working at all. If you want a 100% plus up year you need to accept 30% down some time. I am slowly picking up shares in ARKK and ARKG.
Just curious, when did you start buying ARKK and ARKG? Is it for a trade or a long term portfolio holding?
I did buy a little bit of ARKK yesterday. I am not putting any money into ARKK that I can not afford to lose. This is not Cathy's first rodeo but I do not see any trophies from past rodeos.
Long term, first buys June 2020. Even in ARKK. Down 8% in ARKG. buying only the big dips. I think this will work out over time, or at least do better than the broad market.
VTSAX benchmark Vanguard Total Stock Market Index Fund transitioned from the MSCI US Broad Market Index to the CRSP US Total Market Index on 06/03/2013.
20% Equity vs 100% SPY Of course one can make money in some bonds, but is it a good idea to put 80% of the portfolio to treasuries when the interest rates may go up? Historical data since 1980 show falling rates, from about 15% in the past to about 1% now. The situation will be different when rates rise.
Redwood Systematic Macro Trend I Fund (RWSIX) -- Redwood Investment Management Looks like it's NTF at TDAmeritrade, but the minimum purchase is $10,000.
Redwood Systematic Macro Trend I Fund (RWSIX) -- Redwood Investment Management The three Redwood funds listed at Schwab all have the 49.95 tf, which since I invest $500 to a $1000 at a time wouldn't work for me.
FLTN etf, inflation or deflation....... I'm waiting for the MADF etf which promises a 10% return whether the market goes up or down !
FLTN etf, inflation or deflation....... I don't normally view Yahoo, but stumbled across a linked message today.
Will be interesting to discover the magic of this management, eh???
ARTICLE
What moves are you considering for 2022? I just added CDC as a low volatility more defensive fund option. Lynn Bolin had a really nice writeup on the fund a few months back. Steady eddy fund that held up quite well in March 2020. max DD of 15%. Nice dividend too. I am also going to sell my technology fund BGSAX and trim back on holdings in MIOPX. Both have high PE multiples and Aren't well positioned for a rising rate environment. Evaluating a few other funds for purchase.
Parnassus Endeavor Fund Are you saying that PARWX is rated an MFO 3 for 1 year performance based on a manager change or that the fund is now “riskier”?
