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Thanks, I know. However, I am less sure whether it is still a good place for new money, compared with other options. And it is indeed true that its taxable distribution last year was very significant, and there was an additional one, two weeks ago. …
Dear David,
I believe the discussion was about the very recent (like 2-3 months) effect. For example, FBIOX is up 23% during the last 2 months (about 25% after today's close).
One can see definite correlation between the general healthcare (red…
This looks like data mining. Out of many ETFs one can always find some that match any given fund during a short period of time. Too bad Contrafund is so big...
Once I look at any discussion thread and return back, the website suggests me to login again. I guess this is the same problem that JohnChisum mentioned. I use Safari on Mac.
I am invested in PDI, and it behaves really well even thought with some bumps.
Here is a slightly more cautious view of the person who strongly recommended PDI in the past: http://seekingalpha.com/article/2018841-why-im-not-adding-to-the-pimco-dyn…
I just looked at the results of his newsletters from Hulbert. They were unimpressive. Thus maybe it is a good idea to use his observations instead of investing following his lead.
Reply to @BobC: Dear BobC,
Indeed Wasatch has a history of closing their funds early. But perhaps Emerging and Frontier became like a money engine for them: They did close WAEMX, but only when it reached $1.6B and its NAV started falling down. And …
As a partially frontier markets peppered by emerging micro caps (or emerging micro cap peppered by frontier markets), one may consider the newcomer GPEOX/GPEIX, which opened very recently and may close very soon. This is not a recommendation, just a…
Most of my FM money are in WAFMX, but it is gradually getting VERY BIG, growing above $1B. If there is a crisis and the manager would need to unload her stocks in FM, she may have a problem. Also, recently momentum was on the side of HSFAX and MFMIX.
I am invested in MFLDX, mostly because of their success in 2007-2009 and steadiness thereafter. However, I guess I am not alone in being nervous about their ability to repeat their performance in the future as they become less nimble. I wonder wheth…
Maybe the reason why people are looking for alternatives is due to the expectations that the success of the mechanism that made many of these funds work so well (balancing stocks and bonds) may not return back for quite a while. That is why FPACX ha…
According to HSBC website (and M*), as of 1/31/2014 their fund is not $500m, but only $107m:
https://www.emfunds.us.assetmanagement.hsbc.com/funds/f-7/hsbc-frontier-markets-fund/a/overview.fs
HLMOX is available at Schwab no load, MFMPX is availabl…
My main question in this respect is whether this fund is better than OAKBX and FPACX: These funds have better returns since inception of RGHVX with a much better protection in 2008. MFLDX is another interesting option, which is open for some of us. …
It is indeed a very interesting fund, but unfortunately I will be unable to participate in the call at that time, hope to listen to it later. It is true that the fund outperformed S&P 500 since inception in 1999. $10 invested there at inceptio…
It is interesting indeed: Perhaps he was not happy with his hedge fund from 2003 to 2009, if he decided to return to mutual fund business. Look however what he did at the first 3 years of FLVCX (blue line) and compare it to the general market (green…
I bought it once, and lost money: At first, it behaved beautifully, but then in 2011 it suddenly lost more than 1/3 of its value falling from the peak, and after that it behaved badly for about a year, so I took my losses. If you understand it well,…
Reply to @scott: Dear Scott,
I am intrigued by your interest in Jardine. It seems pretty solid, and I recall that you mentioned it several times already, saying that it is a bit expensive (but now it is less so). Do you know why it was not present …
This is one of the questions to ask during the call. I guess the expense rate is 3.16% for now, but if you keep your money there long enough, you may need to return, in addition, at least some part of 1.92% which is their temporary loan for the shar…
Today FBIOX was up 5.22%. I thought that it must be an error. It seems though that it is for real, in part because it has less than 1% invested in ICPT (Intercept Pharmaceuticals), which jumped 281% today. I wish I had all my money in ICPT...
One way to analyze WESNX is to look at its older brother WBEIX. I invested in it some time ago until it lost 2/3 of its value from its peak in the end of 2007 to the minimum at the beginning of 2009. It was a harsh educational experience. WAEMX has …
Reply to @finder: A correction: A day after the system told me that I bought BDMIX, the trade was canceled. So things are not that simple as I expected...
Reply to @BobC: The situation with price is more complicated: M* gives 1.53% for MFLDX and 1.75% for BDMIX. Meanwhile the prospectus gives 2.94% for MFLDX and 1.93% for BDMIX, which makes MFLDX significantly more expensive.
I called MFLDX and the…
Did you ever try to drive a car along a mountain road? Turn after turn, the driver is tense and tired, but everyone else wants to puke. Then you offer your passengers to drive, they feel tense and tired and you want to puke. I guess if you know what…
I found that Fidelity allows to invest in BDMIX in certain retirement plans accounts (such as 401k). In fact, I checked it experimentally, and it worked, though I paid the TF $50, but it is much better than the load. If you want to try it, just do i…