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Charles
Thank you sma3! We are spending this summer in northwest again. I have no quiet place I can be before noon eastern (9 am here). Library opens at 9am! I've set up a session for Friday, 2 pm eastern ... posted on board. But, if that does not work, just call me at 805 468 9599 ... if I can pick up I will. Hopefully, can pick a day where you can attended from noon on. Very happy to do! c
We will soon have CEFs in the rating system. So, can't yet quickly pull-up numbers, but I seem to remember both PDI and PRY have substantially higher vol than IOFIX. c
Thank guys. As usual, bee is pointing the way. The MAXDD since inception for GTSOX is -11.2, which occurred 9/2011. Our premium site computes risk and performance metrics for 21 display periods, including "Life" or since inception (back to 1/1960, a…
chip has updated our Search Tools page with latest ratings through month ending March. The main site tools include Miraculaous MultiSearch, Risk Profiles, Fund Alarm, Dashboard of Profiled Funds, and Great Owls. They are updated quarterly.
222 US mutual funds and ETFs were launched in first quarter: 90 ETFs, 87 index, 53 fund of funds, 7 socially conscious. Vanguard's six new "actively managed" quant ETFs all performed well out of the gate. Click on table below to enlarge ...
Here's larger list ... have inquiry into Lipper, which shows them as having separate portfolio id number from the legacy funds of same name:
FAPCX Fidelity International Capital Appreciation K6
FBCGX Fidelity Blue Chip Growth K6
FCLKX Fidelity Larg…
Some fund houses appear to be launching old funds as "new" funds with what seems to be a "clean share" designation ... but not as another share class associated with previous fund. Examples: Fidelity Contrafund K6 (FLCNX) and Fidelity Low-Priced Sto…
Of the 128 alternative & mixed asset funds launched this year, here are the top performers in each: Arabesque Systematic USA (ASUIX), Measured Risk Strategy I (MRPIX), Gotham Master Long (GMLFX), GMO Climate Change III (GCCHX), DoubleLine Shille…
There have been 555 US mutual fund and ETF launches this year. Of the 94 global & international equity funds, here are the top performers in each: AlphaCentric Global Innovations I (GNXIX), Artisan Thematic (ARTTX), Davis Select Worldwide (DWLD)…
I experienced total lack of transparency from the fund firm's CEO when its risk parity fund went south ... they stopped publishing their monthly summary and only resumed after things had recovered. My inquires went from supportive initially to essen…
Even the bear market deviation metric (Identifying Bear-Market Resistant Funds During Good Times) is little help since there have been no bear market months, which M* defines as a 3% drop in S&P. It's been 21 months since last sighting, Jan 2016…
October marked 12th consecutive month with no annualized drawdown or downside in S&P 500 total return. Last time that happened was February 1959, nearly 60 years ago ... a time of Eisenhower, Alaska, Hawaii, and The Space Race.
Glancing over AQR's 38 funds, I'll add that their out-performance tends to be more in Alternative and Mixed Asset categories rather than International and US Equity. So far anyway.
Here's a comparison of fund family stats for AQR and Vanguard, keying on Mr. Rekenthaler's recent article ... AQR has fared pretty well since inception, especially given most of its funds are non-index (click image to enlarge, ASC means All Share Cl…
Right. ALMGX was not listed in David's essay. I was just keying on the impressive start of Alambic's line-up. Good? Only ALAMX is a Terrific Two. The other three are younger. c
Thank you David. You highlighted Alambic Small Cap Value Plus Fund ALAMX. Alambic is another California-based shop. A quant shop. Each of its four young funds have outperformed out of the gate (click image to enlarge) ...
Hi Ben. I'm afraid I am the culprit here. I read each of David's profiles and make an "objective" assessment. At the time, he mentioned a few dings, which influenced my assessment. If I recall, here are some of the statements:
Management’s stake in…
I think the "Correlation with Peers" metric, which David advocated for on the site, like Max Drawdown, Rolling Averages, and beta, becomes invaluable when assessing a fund ... once you get used to having it, always want it. It's also a proxy for Act…
October marked the 10th year of the current full market cycle, which started in November 2007 (top of last cycle) and bottomed in March 2009.
Here are 10 funds that have delivered perfect scores in their categories across multiple risk and performa…
Fairport-based Manning & Napier acquired 75% of Rainier more than a year ago after a period of heavy outflows from Seattle-based Rainier. While the three Rainier Funds still don't formally carry the Manning & Napier name (eg., Rainier Large …
ArrowPoint is now ArrowMark (I believe over trademark infringement) and has always been Meridian Funds. The MFO Scorecard has been updated accordingly.
Here's summary (OSC means Oldest Share Class, ASC means All Share Classes), click on image to en…
There are now nine equity funds at least 10 years old through September that have never incurred a negative return over any 3-year rolling period. There were only five last month. The four new funds just turned 10! They are Boston Trust Midcap Fund…
IOFIX and FSICX ... 0%.
Perfect alt fund ... never loses money (on up or down market days), but provides some amount of positive return on up market days.
Terminal alt fund ... loses money on up market days.
