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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”
Gotham now has 16 funds.
Half just a few months old. Oldest just over four years. Average ER 2%. But 15 of 16 have beaten their peers since inception by an average of 5%.
Continue reading “Gotham Funds”
Vanguard by far has largest number of funds leading their respective categories in assets under management, as seen in table below. At 44, that’s almost 30% of the 155 categories Lipper tracks.
Continue reading “Fund Category Leaders by AUM”
Risk/return data for AMG Chicago Equity Partners Balanced (MBEAX), Lipper flexible portfolio peer group, Vanguard Balanced Index (VBINX – 60/40 passive) and Vanguard STAR (VGSTX – 60/40 active).
Continue reading “AMG Chicago Equity Partners Balanced (MBEAX)”