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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
Um, so that is three new funds for the fascinating Whitebox Advisor's team, led by Andrew Redleaf, in addition to their established hedge fund portfolio. Fees seem similar to other offerings. If it helps, WBMAX is a No Load, No Transaction Fee offer…
Thanks scott, AndyJ. IYLD seems safe and sweet. HGI a little scary. CVY a nice moderate allocation. In reviewing these, along with MDIV, I also discovered INKM. Perhaps the new shape of allocation investing? In any case, will be following all these.…
Outstanding Scott. Absolutely fascinating. Have very much enjoyed reading up on Whitebox Advisors and Mr. Redleaf. Agree with your observations and assessment. Thanks for sharing.
Reply to @msf: Man, you guys are good. So, if you dig deep enough, Morningstar is aware of the regulatory issue, which was over-ruled by SEC in 2011.
My negative experience with American's sales tactics of their loaded funds to young professionals …
Reply to @perpetual_Bull: Thanks, I did not realize...but not surprised. Dissapointed though that Morningstar appears to call no attention to any regulatory issue.
American Funds American Mutual A AMRMX, for example, rates Gold for all five of Morn…
Thanks Ted.
Perhaps there is more to this story beyond: "Vanguard Group, now the largest U.S. fund company, has seen its fortunes soar as investors and advisers gravitate toward its signature offerings—index funds, including in the form of exchange…
I agree with several of the flags pointed out here...and more.
It bothers me that I can not find how much Oscar Belaiche and Jason Gibbs have personally invested in this fund, if any thing.
It bothers me that I don't know exactly where the buck st…
Good digging msf. I will continue to monitor.
For DWGIX proper, Schwab imposes a $10K minimum investment - but it is a OneSource, No Load, No Fee Fund.
A little further digging on Oscar Belaiche indicates that he has been with Dynamic Funds since 1997. Dynamic Funds is a Canadian wealth management firm started back in 1957, as described here:
http://www.dynamic.ca/eng/aboutus/Who-We-Are.asp
Since…
RiverPark Short Term has done very well against other highly regarded short term duration funds since its inception in late 2010, as shown below. It was first reviewed by MFO in July 2011.
Nice. Had not really known about such offerings for income investors and the hybrid nature of preferred stocks until your post. Interesting distinctions, but sounds like such offerings may get squeezed after 2013 with The Dodd-Frank Act and Basel II…
MACSX has done a little better YTD, but both have outperformed the EM benchmark:
Like CaryRaleigh points out, SeaFarer is better positioned for emerging markets beyond Asia, with holdings in Latin America, Africa/Middle East, and emerging Europe.…
Follow-up from Fairholme Funds SAI 5/22/12:
Ownership of Fund Securities
As of the fiscal year ended November 30, 2011, Mr. Berkowitz and his immediate family members owned shares of The Fairholme Fund worth in excess of $1,000,000, shares of The…
Sweeter still that it seems to be yet another quality fund previewed early and well by MFO:
http://www.mutualfundobserver.com/2011/10/mairs-power-small-cap-fund-mscfx/
Wow. Agree. Vasco Data Security International, Inc. (VDSI) is MSCFX's top holding. This young, "conservative" Maris & Power Small Cap is indeed on-fire. Up 19% YTD...14% over category. Seeking alpha? You find it here. Gotta love it.
Ha! You're right to be considerably hesitant. The Money Life audio show is just awful. You, on the other hand, we love. Looking forward to your take on Cook and Bynum.
Reply to @MikeM: Hey. I think we invest alike. On Bee's criteria, I see it as a kind of Sharpe Test. Is the equity or allocation fund you are about to invest in capable of producing more than the (fairly) sure thing of a fixed income fund, like POND…
Hi MikeM. Thinking there is an easy answer and tougher answer to your question.
Easy first. You would probably enjoy the article by Steve Goldberg entitled "Goldberg's Picks: 5 Best Low-Risk Stock Funds."
Here is link: http://www.kiplinger.com/col…
