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.
During the short period (1/31/2007 - 12/6/2009) that Lahr and Gudefin managed Mutual Global Discovery, their performance was clearly underwhelming. They were extremely cautious in 2008 and 2009, but by doing so, they missed most of the bounce up fr…
Hi Kaspa,
The best fund out there for your needs is the institutional class of the Thornburg Investment Income Builder (TIBIX). This class is available for reasonable minimums in retirement accounts at Fidelity ($2K minimum, $75 initial TF), Wells…
I will be very interested in your client's funds if the net expense ratio is at or less than 1%, and if they develop an attractive track record over the next few years, which would be noticed by the astute investors at MFO.
I use many metrics in …
Reply to @VintageFreak:
If BPLSX interests you, I have heard relatively recent reports that it remains available in Thinkorswim retirement accounts for $1K minimum.
Kevin
VF, thanks for the link. I don't like that he has nothing invested in several of the funds that he manages, including NWGRX. I would be curious to know if he has any skin in JGV, but I could not find any information in my brief internet search.
NWGRX and NVORX are available at Scottrade for minimums of $3K and $1K in taxable and retirement accounts, respectively, with $17 fees for purchases and sales. These funds are available in Thinkorswim retirement accounts for $1K minimums with no TF…
Hi VF,
You really can't go wrong with either fund. If your portfolio needs more domestic exposure, then I would go with NVOAX, and NWGAX would be my choice to boost foreign exposure. Since there is significant overlap of holdings, I would build a…
In defense of RYOTX, there are really no convenient benchmarks for its portfolio. In contrast, one may rightfully question BB comparing his FAIRX to the S&P500.
We own a foothold in RYOTX, and no more, as Royce has consistently demonstrated qu…
Hi Dan,
Right now, RIVFX is the most attractive global SMID cap fund, but it is very expensive. In fact, the net expense ratio actually increased from 1.69% to 1.78% on 5/1/2011. I really like the combination of VSS and RIVFX, which would give th…
Hi Max,
The correct trailing 1-year return for RIVFX (5/10/10 - 5/10/11) is 42% based on the M* chart tool, as well as the yahoo finance adjusted (for distributions) closing NAVs during this period (10.95 - 15.56).
Kevin
As for knowing what PGDIX holds, according to M*, 31% of this fund's FI exposure is foreign and 30% of the fund's equity exposure is foreign. Looks pretty global to my untrained eyes.
As for being an allocation fund, it is far more diversified t…
Hi Alex,
I'm not convinced that M* is unbiased, as it does have advertisers who are generally mutual fund companies, and I have detailed questionable objectivity by M* in the past on their forums.
Even though ICRIX and FCNTX are in different categ…
I would only consider purchasing the institutional class of this fund, PAUIX (0.98% ER), due to the excessively high expense ratio of PAUDX (1.38%) for a $10.4B AUM fund. This fund is best used as a hedge-fund equivalent position in one's portfolio…
Hi Max,
Michael Hasenstab is the real deal, and has produced at Templeton Global Bond (TGBAX), Templeton Global Total Return (TTRZX), Templeton Global Income (GIM), and Templeton Emerging Markets Income (TEI). Both GIM and TEI trade at a premium t…
IMO, David Iben is the real deal as I have discussed in numerous posts over at M*. He has consistently delivered at NWGRX, NVORX, NPTIX, NAWIX, and JGV. We have a 12% position in NWGRX, which continues to be available for reasonable minimums in Th…
Burt, SGOIX is the institutional class of First Eagle Overseas, so it does not have a 5% front end load.
Going forward, both SGOIX and ACINX will likely have low exposures to foreign SC due to their respective AUM of $10.6B and $6.5B. Granted, SG…
Hi Burt,
ACINX appears to be available for $1K minimum in retirement accounts at Wellstrade according to a test trade I just made. SGOIX is available for $1K minimum in retirement accounts at Thinkorswim, according to recent reports on the M* foru…
SGIIX and SGOIX have been purchased fairly recently by M* forum members for reasonable minimums in Thinkorswim and WT retirement accounts using online trades. Of course these windows of opportunity may close quickly.
I really don't care who started the thread, as I am more concerned about content rather than the "street cred" of certain posters. And one liners with "NTIP" don't interest me, and there were way too many of such posts on the prior site. And I lik…
First Eagle Overseas (SGOIX) has outperformed, by a large margin, both TBGVX and VTRIX over the past 1-, 3-, 5-, and 10-year periods, despite the low expense ratio of VTRIX.
TBGVX with $4.8B in AUM has an excessively high expense ratio of 1.40%. I am not interested in this fund, regardless of their hedging stance. First Eagle Overseas (SGOIX), which is reportedly available for a reasonable minimum in retirement accoun…
The 1.84% expense ratio for MCLOX ($53.4B AUM for all classes) is unconscionable, and I would definitely not buy this class, and actually, any class of this bloated fund which is a laggard in its category. More attractive global allocation funds wi…
I am sold on John Walthausen of WSCVX, and we continue to own a 10% position in this fund. Here is my analysis of Mr. Walthausen's track record:
http://socialize.morningstar.com/NewSocialize/ViewPost.aspx?apptype=0&PostID=2934148
