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re: Any thoughts on the mutual fund LGILX?

Posted on 11/21/14 at 7:28 pm to
Posted by BJ titsnbeer
Gods Country
Member since Mar 2011
217 posts
Posted on 11/21/14 at 7:28 pm to
Just a heads up the funds sub adviser changed from UBS to Blackrock last year. However the lead manager has been at the fund for a while, but his analyst team is not the same team that has given this fund past outperformance. This isn't to discourage you I just wanted you to keep that in mind.

One more thing, the funds asset base has grown about 13x in the last 4 years. A high turnover fund has the potential to more likely outperform with a small asset base, although the fund is still at a modest $2.2b now it's trading costs as well as its nimbleness will continue to suffer as assets grow.

I hope you find this is helpful.
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