The following story made me chuckle because the answer surprised me and may surprise you as well.MarketWatch had an interview with Morningstar mutual fund analyst Marta Norton. The point of the interview was Marta’s contention that funds should earn their place in your portfolio by “meeting future expectations” rather than past performance. As an example, she mentioned CVGRX and CAAPX. …
Investment Management: Advisor-Sold Mutual Funds—Are They Worth It?
What I am referring to in this heading are not the mutual funds a fee-only advisor gets you into if he manages your portfolio; I am talking about those that a commissioned advisor sells you. I ran across an article on the Motley Fool website, which is titled “Are Advisor-Sold Funds Ever Worth It?” It outlines some of the upfront, …
No Load Fund/ETF Tracker updated through 5/11/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDespite Thursday’s sell off, the markets eked out another gain.Our Trend Tracking Index (TTI) for domestic funds/ETFs now sits +5.59% above its long-term trend line (red) as the chart below shows:The international index has now moved to +10.00% above its own trend line, as you can see below:For more details, and …
ETFs, Mutual Funds And The S&P 500
A few days ago, I wrote that the media does not like to include bear markets when reporting performance comparisons between mutual funds/ETFs and the S&P; 500.Of course, I can’t read every financial paper in the universe, so my view is limited to those that I do read. Reader (and client) Nitin pointed out an article in the NYT that …
ETF/No Load Fund Archives: Revisiting The Basics Of Trend Tracking
Some people are using the basic ideas of trend tracking in their investment approaches without even being aware of it. I was reminded of that yesterday as I was reading Random Roger’s blog. Here are a few points he addressed, which are the essence of our trend tracking methodology. His points are excellent and he says, among other things, that: …
ETF Assets Reach almost $500 Billion
With new ETFs being brought to the market as fast as regulatory approval can be obtained, investors are gobbling them up at blazing speeds. Total assets held in ETFs are approaching the $500 billion mark. Considering that it’s been only 4 years ago, that I wrote the article “No Load Mutual Funds Or Exchange Traded Funds?” designed to familiarize many …