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Hahaha! Good one @BenWP.... I have my share of stinkers too! Does someone have a good link to share on how taxes on CEFs differ from ETFs? Ben why do you prefer ETFs?
Thanks very much for providing your additional thoughts @LewisBraham. Their investing in travel related companies is quite interesting. I wouldn't have the balls to do it personally but they really seem to do their research on companies and have …
@MrRuffles Yes agreed on PFSLX... I will read up on it over next few days. Also, you should take a look at Davenport Small cap focus fund. Just had a write-up in Barrons over the weekend by our own @LewisBraham. If we're lucky, Lewis might comme…
@wxman123 thanks for providing your strategy on this one. I haven't done a lot with CEFs so will need to do some reading. Have you added to this recently or are you sitting tight? A week ago when financials sold off probably would have been a go…
I hold a large position in this index through my 401k plan. It really is a small/mid cap blended fund. It's a great fund to get exposure to the rest of the U.S. market that isn't the S&P 500 and that's how its used in my 401k. It's done quite…
@CecilJK my thoughts are with Hank too. Hopefully he is ok. Great to hear from you Old Skeet. I hope you will consider coming back and posting. I know I enjoyed your thoughts and inputs -- particularly the market barometer.
@wxman123. Thanks much for sharing this one.. i wasnt aware of it. So Im curious what is your strategy for when you sell this fund? Its had a great run since November.
"GameStop frenzy helps fuel sharp gains for Morgan Stanley fund"
A little insight into those gains at MSSMX.... https://amp.ft.com/content/f8dd7dba-3ba3-4ed8-bf7f-dffadab6112d
Thanks very much for sharing this @Mark. I appreciate it. Yes he's over at Hennessy and has been for a number of years. Looks like his funds have done well. The only negative is that the expense ratio is 1.83%. Ouch!
@Mark and @sma3. Thanks for thoughts. Im very familiar with ARKF and its had great performance. But its more like a tech fund than a financial fund. Im looking at this as more a value driven investment vs growth. Admittedly financials havent do…
Im curious if any of the holdings are the same stocks that the Robinhood crew is chasing...Other small cap funds I track have been rallying this week because they do
Nope. Everyone is worried about variants of the virus in England and South Africa where the vaccine isn't nearly as efficacious in terms of treatment. South Africa is the bigger concern right now.
@msf thanks for sharing this. You are correct. I was looking at a fact sheet for the fidelity international version of Fidelity emerging asia which has 30% in financials. 2 different funds with the same name. FSEAX still has its growth focus. E…
here is an interview with the fund manager of FSEAX where he describes how he is rotating to value for 2021. Financials are now the largest sector in his portfolio. https://fundresearch.fidelity.com/mutual-funds/analysis/315910851?documentType=QAA
@BenWP yes that caught my eye too in the fund. They're sector exposure is also very interesting with strong weightings in consumer cyclical, financials, and industrials. So it is more value oriented. I havent bought it yet but watching it. Anoth…
Well Cathie Wood has done extremely well and she has increased assets in her fund to $45B from $2B just a year ago. She also takes on an inordinate amount of risk. So far that has played out very well but I doubt that will continue. At some point…
Thanks for sharing this @BenWP. I wasn't aware of this fund. Another one you might want to take a look at is Matthews Asia ESG. It has performed quite well over the past 1 and 3 years and has a nice balanced portfolio across sectors. A bit more…
Here are a couple that you can put in your pipe. I've invested in IJR which has done very well over the past year. Through my 401k I'm invested in the Dow Jones Total completion index which is a very nice small-mid cap index blend and has done wel…
@Benwp . thanks very much for providing info on the new fund and manager. The domestic version looks very interesting as large blend fund. By the way, since you are looking at more value oriented funds take a look at IAI which gives you nice expo…
Hey @newgirl. The way I have invested in EM is to take positions in MIOPX, FSEAX, and CHIQ. By its nature EM tends to be more volatile so its difficult to try to invest in it without taking on a fair amount of risk. MIOPX diversifies that risk be…
Hi Matt
I think its fine but you should understand that there will be significant overlap. Also, both are very much growth oriented funds so you should consider that if the market is moving more towards value as it has since November. As I mentio…
Hey @BenWP. How are you doing? Always love to see your posts. DSTX is a new one for me. What do you like about it? By the way I have been trimming growth and adding to financials the last week. I expect value to outperform over next year.
I hold MGGPX but actually have a larger position in MIOPX. Its a pure international fund with EM exposure. Also managed by Kristen. I think EM asia will continue to do well going forward. They are ahead of the entire world in managing the virus.…
Thanks @David for sharing this. Ive enjoyed your writeups on this fund over the last 5 years. A nice steady eddy consistent fund which is what I look for.
Yes this would be a total cluster if trump includes alibaba and tencent as most EM funds hold these stocks in large quantities. It has driven performance for many funds over the past few years. let's hope not. Still it will be up to Biden on whet…
Thx so much @lynnbolin2021 and @Charles. Very informative and I learned alot. Im going to study the charts a bit more and follow up with questions if thats ok.
While not small cap, I encourage you to take a look at FSEAX which is exclusively focused on Asia and has top 10% returns for the past 1, 3, 5, and 10 year time frames for both Asia Ex-Japan and also emerging markets overall. It is the most consist…
Hi @newgirl. Youve gotten some excellent suggestions. I'm more of a growth guy and am a big believer in the funds that @Benwp has suggested-- particularly MIOPX and MGGPX. Their long term track record consistently outperforms the competition by sev…
