Mutual fund or etf - Page 3 - TigerDroppings.com

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Janky
LSU Fan
Team Primo
Member since Jun 2011
7352 posts

re: Mutual fund or etf


quote:

Also look at EMNAX. It's a 130/30 product that instead of going to cash they use leverage and inverse ETFs returns are straight absurd


I met with a guy from good harbor that had a similar strategy that is quite impressive. They offer 3 allocations:

All fixed(not cash)
50/50
All equity ( some leveraged)







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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11984 posts

re: Mutual fund or etf


quote:

You can buy A-shares without loads


Couldn't find break point/ Class A load waived qualifications for VAPAX ANYWHERE on your link. You can buy shitty C shares without a load, but then you get a nice fat 2.46% expense and a CDSC.

quote:

Once again do some due dilli before you tell someone to GTFO then we can try to have an intelligent discussion although that may impossible considering how feeble minded you are.


I've done plenty of due dilli on this dog shite you're pitching, and nothing has lead me to believe there is anything special enough about this fund to warrant its' expense.

quote:

I have provided the below link. Should have everything you want/need.



Searched that link high and low, listened to the sales pitches, found no proof WHATSOEVER that this fund (or this fund's managers) timed the market as you claimed in 2007, 2008, etc... NONE. Either I'm sleepy and I just can't see it, or you're full of shite.








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Janky
LSU Fan
Team Primo
Member since Jun 2011
7352 posts

re: Mutual fund or etf


Is this it?





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whodatigahbait
LSU Fan
Uptown
Member since Oct 2007
1284 posts

re: Mutual fund or etf


quote:

quote:


Also look at EMNAX. It's a 130/30 product that instead of going to cash they use leverage and inverse ETFs returns are straight absurd




I met with a guy from good harbor that had a similar strategy that is quite impressive. They offer 3 allocations:

All fixed(not cash)
50/50
All equity ( some leveraged)


good harbor has very good strategies the only thing that scares me is that they only rebalance monthly....innealta has some good tactical strategies as well






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CQQ
New Orleans Saints Fan
LC
Member since Feb 2006
11221 posts

re: Mutual fund or etf


Janky, a few weeks ago you recommended YACKX to me. Do you stand by that? I want to invest into one that I can forget about for a while.





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Janky
LSU Fan
Team Primo
Member since Jun 2011
7352 posts

re: Mutual fund or etf


quote:

Janky, a few weeks ago you recommended YACKX to me. Do you stand by that? I want to invest into one that I can forget about for a while.


Yes, YACKX is a staple in my portfolios. It is one of the few all equity funds I own. That doesn't mean it won't go down if this pullback intensifies, but I have complete faith in Donald Yacktman.






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bbuisson
LSU Fan
Memphis
Member since Jul 2010
43 posts

re: Mutual fund or etf


quote:

I met with a guy from good harbor that had a similar strategy that is quite impressive. They offer 3 allocations:

All fixed(not cash)
50/50
All equity ( some leveraged)


I really like them as well. We have been using them for a few years.



LIPPER TOP 20 Money Managers - 20 Quarters Returns
Lists the top rates of return reported by managers for this category and time period. All results are reported net of fees and inclusive of cash.
Product/Style Category: U.S. Tactical Asset Allocation
Performance Measurement Period: 20 Quarters Ending 03/31/2013
Mean Return for the Category and Period: 4.8661%
Universe Size: 138
Rank Firm Name/Portfolio 20 Quarters
ROR
Assets in
Composite
1 Good Harbor Financial, LLC - The Good Harbor US Tactical Core 18.33% $408.6M
2 Good Harbor Financial, LLC - Good Harbor US Tactical Core Wrap 17.96% $4639.7M
3 Parasol Investment Management, LLC - Globally Enhanced Management Strategy (GEMS) 9.97% $104.8M
4 Winslow Asset Management, Inc. - Balanced Composite 9.27% $253.4M
5 Wright Fund Management LLC - Sierra Core Retirement Fund;R 8.97% $371.7M
6 AIS Capital Management, L.L.C. - TAAP-Tactical Asset Allocation Strategy 8.82% $134.6M
7 AIS Capital Management, L.L.C. - AIS Balanced Fund L.P. 8.48% $55.3M
8 Sierra Investment Management, Inc. - Sierra's Balanced Program 8.46% $111.1M
9 Ocean Park Asset Management - Ocean Park Customized Composite 8.09% $502.2M
10 TCW Group - Metropolitan West Strategic Income Fund;I 7.78% $179.9M
11 MFS Investment Management - MFS Lifetime Retirement Income Fund;I 7.10% $19.3M
12 Grantham, Mayo, Van Otterloo & Co. LLC (GMO) - GMO Benchmark-Free Allocation Fund;III 6.65% $1333.0M
13 J.P. Morgan Asset Management - JPMorgan SmartRetirement 2045 Fund;Institutional 6.26% $210.9M
13 J.P. Morgan Asset Management - JPMorgan SmartRetirement 2050 Fund;Institutional 6.26% $208.1M
15 Legg Mason Partners Fund Advisor, LLC - Western Asset Total Return Unconstrained Fund;FI 6.22% $117.7M
16 Braver Capital Management - Tactical Equity Opportunities 6.21% $72.6M
17 BlackRock, Inc. - BlackRock Strategic Income Opps Port;Inst 6.17% $3211.7M
18 Twenty First Investors - Asset Allocation Accounts 6.06% $22.0M
19 J.P. Morgan Asset Management - JPMorgan SmartRetirement 2020 Fund;Inst 6.02% $1168.1M
20 J.P. Morgan Asset Management - JPMorgan SmartRetirement 2025 Fund;Inst 6.00% $622.8M






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CQQ
New Orleans Saints Fan
LC
Member since Feb 2006
11221 posts

re: Mutual fund or etf


quote:

It is one of the few all equity funds I own.


I won't start the process of bugging the hell out of you again but what exactly does "all equity fund" mean?






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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
55657 posts

re: Mutual fund or etf


All stock





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Janky
LSU Fan
Team Primo
Member since Jun 2011
7352 posts

re: Mutual fund or etf


quote:

I won't start the process of bugging the hell out of you again


Not a problem at all. Feel free to ask whatever you would like.

quote:

what exactly does "all equity fund" mean


It means the fund holds only equity/stock positions, no fixed/bond positions.






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whodatigahbait
LSU Fan
Uptown
Member since Oct 2007
1284 posts

re: Mutual fund or etf


quote:

Yes, YACKX is a staple in my portfolios. It is one of the few all equity funds I own. That doesn't mean it won't go down if this pullback intensifies, but I have complete faith in Donald Yacktman.


+1 great fund






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Maderan
LSU Fan
Member since Feb 2005
471 posts

re: Mutual fund or etf


I like Good Harbor as well. We use them quite a bit as a swing man.

Only rebalancing once a month seems like a drawback but they need a consistent repeatable process or it starts to look too much like market timing.

Also you can't run a momentum based strategy on too short of a time period as you get whipsawed too much by noise.






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11984 posts

re: Mutual fund or etf


quote:

Yes, YACKX is a staple in my portfolios. It is one of the few all equity funds I own. That doesn't mean it won't go down if this pullback intensifies, but I have complete faith in Donald Yacktman.



+1 great fund





+1000, Largest position in my SEPP. I knew we could all agree on something






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Cmlsu5618
McNeese State Fan
Destin, FL
Member since Sep 2010
2193 posts

re: Mutual fund or etf


Disclaimer:
Though I do beleive latge mutual funds like ABALX are essentially indexed because of the size of the fund, I think it is a very effective way to invest for the average investor.

That being said...

quote:

YACKX


Why has the fund performed so well? I'm looking for a solid fund that has relatively low AUM and more focused positions versus the closet index mega-funds.



ETA: I don't beleive I'm able to purchase, even though I'm in the finacial services industry. Correct me if I'm wrong?



This post was edited on 6/6 at 12:17 pm


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Janky
LSU Fan
Team Primo
Member since Jun 2011
7352 posts

re: Mutual fund or etf


quote:

Why has the fund performed so well? I'm looking for a solid fund that has relatively low AUM and more focused positions versus the closet index mega-funds.


I believe it is becasue he buys good companies at a very deep discount and waits for it to work out. The fund has a very, very low turnover rate. Other than that, I am not sure why it has performed so well.

Morningstar

ETA: Link



This post was edited on 6/6 at 12:20 pm


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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11984 posts

re: Mutual fund or etf


quote:

I believe it is becasue he buys good companies at a very deep discount and waits for it to work out. The fund has a very, very low turnover rate. Other than that, I am not sure why it has performed so well.



Here's my guess, probably because Donald Yacktman is focused more on performance than most managers due to his personal stake in the fund (plus he's got like 50 years of experience). He outworks most of the other big names in the industry. And his son Stephen Yacktman, is every bit as sharp and will take over the fund when Donald retires (which may be another 20 years).


Hope I get to meet these guys one day.






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