Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

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.

    Support MFO

  • Donate through PayPal

Lewis Braham: A Mutual-Fund Fixer Designs His Own Fund, With Flexibility In Mind: (CFIAX)

FYI: For much of his career, David King has been a mutual-fund fixer, cleaning up other money managers’ mistakes. “If you look at my career, the last 20 or so years of it have been as a mutual fund turnaround specialist,” says King—“fixing something, repositioning something.”

King now runs one of his own inventions—the Columbia Flexible Capital Income fund (ticker: CFIAX), a hybrid income-oriented fund that can invest almost anywhere—putting the pressure on him to deliver. It has thrived.
Regards,
Ted
https://www.barrons.com/articles/a-mutual-fund-fixer-designs-his-own-fund-with-flexibility-in-mind-51561550420?refsec=income-investing

M* Snapshot CFIAX:
https://www.morningstar.com/funds/XNAS/CFIAX/quote.html

Lipper Snapshot CFIAX:
https://www.marketwatch.com/investing/fund/cfiax
Sign In or Register to comment.