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), PNC EMs (PIEFX), Alpha Architect Value Momentum (VMOT), TOBAM EMs I (TBMIX) …
Continue reading “Best Launches This Year”
We thought we’d start catching up with the 130 U.S. equity funds which have passed their second anniversary but have not yet reached their third, which is when conventional trackers such as Morningstar and Lipper pick them up.
As Charles has repeatedly demonstrated, the screener at MFO Premium allows you to answer odd and interesting questions. I’ll try to look at several questions over the next week, starting with “which of these new funds might be badly miscategorized?”
Continue reading “Terrible Twos? The two-year-old funds which are most out-of-step with their peers …”
TFS Funds is off to the dust bin … had been one of better performing families.
ArrowPoint is now ArrowMark (I believe over trademark infringement) and has always been Meridian Funds. The MFO Scorecard has been updated accordingly.
Continue reading “10 Perfect Funds and Other Observations Through October”
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!
Continue reading “No Losses Across 3-Year Rolling Periods”
We’ve conducted our first-ever Zoom Webinars … three this month … all sessions generated positive feedback and follow-up … several questions in first session especially. As touted by chip, thought the process was easy, which bodes well for future sessions.
Here are links to our latest webinar intro charts and video:
Continue reading “MFO Premium Search Tools Webinars Recordings & Intro Charts”
I just finished the GP Annual Report and June quarterly letter.
Three highlights …
Continue reading “Rondure and Grandeur Peak”
There are an interesting article in the WSJ today reporting that on Monday SPY, the SPDR S&P 500 ETF, had its lowest trading volume in 11 years. 32 million shares changed hands, down from an average of about 80 million shares a day. Of necessity, that means that “sophisticated” investors sat out.
A second story noted that during 2017 the Dow has seen its lowest intraday price volatility in six years.
Continue reading “Nobody Loves a SPY”
The latest up-market cycle reached 101 months, from March 2009 to July 2017, inclusive … about 8.5 years.
Annualized return for SPY over that period: 17.8%, or just under 300% total return … for those wise, lucky and flush enough to invest at the bottom … and brave enough to hold.
Continue reading “Bull Market @101 Months!”
We started rating Money Market funds this month. If for no other reason then to help track asset flows. Using similar reasoning, we also now include funds that are just one month old.
Continue reading “US Near 10,000 Funds!”
MFO’s Fund Family Scorecard measures how well funds run by the same management company have performed against their peers since inception.
We first published the card in June 2014 commentary with How Good Is Your Fund Family?, followed by updates in May 2015 and May 2016. Beginning in June 2016, our premium site updates the card monthly and provides fund family metrics.
Continue reading “MFO’s Fund Family Scorecard”