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![]() Mutual Funds (Page 5)
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| Author | Topic: Mutual Funds |
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InvestorGuide Weekly Administrator |
You couldn't go wrong with "Best Ideas" funds, right? If you're not familiar with the species, they're typically concentrated stock funds holding what a brokerage or money management shop believes to be the best investments at any given time. But it seems, despite their catchy concept, they're not much better than most other "run of the mill ideas" funds out there. (source: Yahoo) http://biz.yahoo.com/ts/000505/fund2_000505.html Fund investors who want to put money into young companies have the opportunity to invest in private companies via the Warburg Pincus Global Post Venture Capital Fund, which is only one of two mutual funds focusing on companies receiving cash infusions from venture capitalists or an IPO. (source: Yahoo) http://biz.yahoo.com/wi/000504/6847.html |
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InvestorGuide Weekly Administrator |
Some International mutual funds are good ways to insulate yourself in a volatile economy. (source: Kiplinger) http://www.kiplinger.com/magazine/index.html?archives/2000/May/investing/global1.htm |
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InvestorGuide Daily Administrator |
In brief: - The Vanguard 500 Index Fund has finally surpassed Fidelity's Magellan Fund as the largest U.S. fund, ending Magellan's 11-year reign as top dog in the industry, according to estimates by fidelityinvestor.com. |
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InvestorGuide Weekly Administrator |
Three new sites, BuyandHold.com, Sharebuilder.com, and Foliofn.com (launching next month) will enable investors to buy fractional shares of stock from companies that don't offer a dividend reinvestment plan. (source: TheStreet.com) http://www.thestreet.com/_yahoo/funds/investing/909707.html Julian Robertson announced that his value-oriented Tiger Management would close all six of its hedge funds and return close to $6 billion in assets to shareholders. (source: MarketWatch) |
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InvestorGuide Weekly Administrator |
MaxFunds.com is a new interactive mutual fund site that focuses on new and small mutual funds, including analysis and screening tools. http://www.maxfunds.com Folio/fn provides a way for people to invest in a basket of stocks much like a mutual fund, but remain in control of which stocks to include in their own basket. |
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uncleharley |
Yes, blue lion, there is such a tool, sort of. Standard & Poors has a fund screener that will give you a list of sector funds. From that list you would have to manually cull the sectors that you are interested in and then of course do some more research to see which fund you want. There where only a couple Bio-Tech funds, but there are several high tech funds on the list. Try this link HTTP://www.PersonalWealth.com/cgi-bin/WebObjects/snp. If the link doesn't work, put S&P Personal Wealth in a search engine and take it from there. Also you may have to subscribe to S&P's advisory service. It costs about $100.00 per year. I have found it to be well worth the money, but it is up to you. If things don't work out, post another message and I will get you a list sometime this week end. |
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trentr |
KeithG, If the new fund manager doesn't match the criteria you are looking for in a manager, and you can find one who does it better, by all means bolt. That's my honest opinion. Yeah, taxes will bite you, but if you've held longer than a year I wouldn't worry too much about that. |
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blue lion |
Speaking of funds, anyone know of a site or screening tool through which you can simply type in an industry or niche, and get back a list of relevant companies. Sure, typing in "no-Load" and "growth" are all well and good, but I'm looking for industry specific funds. Other than Fidelity Select Funds, I really don't know of many, and right now I'm specifically looking for some cutting edge wireless and biotech funds, but in general, I'd like to find such a tool. |
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uncleharley |
The only advice I have is to watch the performance of the fund a bit closer than you otherwise would. If in 6 months or a year you are disatisfied with your return, then switch to a fund that you feel is better for you. I wouldn't sell right away. |
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KeithG |
Anyone have any advice about dealing with changes in fund managers? I got into Fidelity Aggresive Growth a couple years back for the long-long term, and in February hotshot manager Erin Sullivan bolted. She was replaced by another successful Fidelity manager, but just about everyone has been successful of late. How concerned should I be about the change at the top? Has anyone else experienced drastic changes in performance after a manager left? |
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uncleharley |
Thanks Ratt, Small & Mid caps in general seem to have done well in the past several months. Some foriegn funds have also done well, although I try too avoid them. At any rate, you helped me with a temporary attitude problem. :roll eyes: |
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rattboy |
unclecharley: there have been several other fund types that have scored big in the last year, besides tech. I'm partial to the Janus family of funds, and am very happy with the 211% return on their Global Technology fund. Since you want "non-techs," how about their Venture (141% in '99), Enterprise (122%), Olympus (100%), Mercury (96%), Overseas (86%), Twenty (65%, actually a down year for them), Worldwide (64%), or Global Life Science (61%) funds. These cover the gamut from small cap, medium cap, large cap, international, focused, or diversified. Some of these funds do have a few techs thrown into the mix, but they don't focus on techs. Of course, the biggest problem with mutual funds is selecting the winning horse before it crosses the finish line. Any fund focusing on Japan has been great lately, but will they continue? Emerging market funds have done well, but in 2000-01, who knows? International small caps have done really well as a group, but maybe this year it will be domestic small caps. BTW, I don't work for Janus, I just invest most of my money with them, leaving me just enough to have some fun with a little individual stock picking. |
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InvestorGuide Weekly Administrator |
Money Magazine selects its choices for the top ten mutual fund managers of the 1990s. http://www.pathfinder.com/money/magazine/10for/index.html |
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uncleharley |
The S&P 500 has languished for 7 months. The Dow for 9 months. Bonds have been in a bear market since early last spring. It seems that the only group of domestic stocks that have gone up are tech's. My question is, except for the high tech sector, has anyone made any significant money on domestic mutual funds in the last nine months or so. If so, how did you do it???? |
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InvestorGuide Weekly Administrator |
OpenFund claims to be first interactive mutual fund, managed live on the internet and updated in real time. http://www.openfund.com |
| This topic is 8 pages long: 1 2 3 4 5 6 7 8 All times are EST (US) | next newest topic | next oldest topic |
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