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re: Mutual fund or etf

Posted on 6/5/13 at 8:25 pm to
Posted by whodatigahbait
Uptown
Member since Oct 2007
1757 posts
Posted on 6/5/13 at 8:25 pm to
quote:

The strategy is mimic the ASRP index. BIG frickING DEAL.


A strategy that was down single digits in '08 and has matched the S & P since. That is a big deal in my opinion.

quote:

Meanwhile, You pay a 5.75% Load and a 1.64% annual expense for a fund strategy that doesn't even match the S&P.


No I don't pay any loads, I buy everything at NAV. You are such an expert I hope you know what that means. Also I use the Institutional share class so my expenses are even lower.

I use this mutual fund along with other tactical managers however if I were to pick just one to buy and let sit I'd pick this one bc of their ability to go to cash.

Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69944 posts
Posted on 6/5/13 at 8:55 pm to
quote:

No I don't pay any loads, I buy everything at NAV. You are such an expert I hope you know what that means.


NAV = Net Asset Value, yes I'm very familiar with it, are you?

quote:

Also I use the Institutional share class so my expenses are even lower.


1.39 expense ratio then, still too high, and the only way you are getting I class shares (VAPIX) is if you're buying huge blocks of them, minimum initial investment is $100,000.

And VAPIX is trailing the S&P over the last 3 years, btw. So GTFO
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