I purchased WAMVX the day it opened in 2003 and bought on regular basis; I stopped purchasing into this fund few years ago and It is still substantial portion of my overall portfolio.
This fund has been inconsistent over last few years.
As I have position in GPROX (Grandeur Peak Global Reach), I am thinking about selling lot of this and put that money in GPROX. I am impressed with consistency of all Grandeur Peak funds.
Another option is to buy Hodges Small Cap.
Are there any other funds I should look into to purchase after selling WAMVX? I also own BRUSX, WSCVX and FSCRX.
Any reason I should hold out and wait for it to turn around?
I know David also own this fund so anxiously waiting his response.
Thank you all in advance.
KHP
Comments
I suspect that if you have held WAMVX since 2003, then you probably have substantial capital gains in the fund as I note my WAMVX value has more than doubled in the last couple of years since I made my initial investment; I have made no additional investments since that time.
You don't mention if WAMVX is in a taxable or non-taxable account.
I have been quite pleased with Grandeur Peaks management/investment team with how they have handled their funds.
It has done very well for me but its been laggard if one compares 1, 3 or 5 years returns with similar type of funds.
and it has very high ER
Regards,
ted