- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Any thoughts on the mutual fund LGILX?
Posted on 11/20/14 at 10:12 am
Posted on 11/20/14 at 10:12 am
I'm thinking about getting in.
Appears to be a large cap growth fund thats been doing pretty well.
Any advise is greatly appreciated.
TIA
Appears to be a large cap growth fund thats been doing pretty well.
Any advise is greatly appreciated.
TIA
4
Posted on 11/20/14 at 10:55 am to white perch
Looks like a solid large stock fund. It's underperformed this year, but the management seems to figure things out in the long run.
It has high turnover, so it's probably not tax efficient, but you shouldn't have to worry about this if you're buying it in your compay 401k, which I'm assuming you are.
It has high turnover, so it's probably not tax efficient, but you shouldn't have to worry about this if you're buying it in your compay 401k, which I'm assuming you are.
Posted on 11/21/14 at 8:53 am to white perch
On the daily chart, it looks like it's putting in a high.
There's probably a pull back coming over the next few weeks that would lower your average share price to buy in if you're patient.
But it has been a good performer, doubling in value in a little over 4 years.
There's probably a pull back coming over the next few weeks that would lower your average share price to buy in if you're patient.
But it has been a good performer, doubling in value in a little over 4 years.
This post was edited on 11/21/14 at 8:59 am
Posted on 11/21/14 at 11:07 am to Cmlsu5618
IUSG. commission free on fidelity. love it
Posted on 11/21/14 at 7:28 pm to white perch
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.
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.
Posted on 11/22/14 at 9:25 am to white perch
very good long term
1 bad year doesn't mean much (2014)
morningstar likes
reasonable fees, handled 2008 OK, not good, but came back VERY strong.
solid management, decent tax effectiveness
as others note, long time successful manager left, but has returned
vs VTSMX & SPY
looks good
1 bad year doesn't mean much (2014)
morningstar likes
reasonable fees, handled 2008 OK, not good, but came back VERY strong.
solid management, decent tax effectiveness
as others note, long time successful manager left, but has returned
vs VTSMX & SPY
looks good
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News