ETF – trading strategy or investment strategy?
I was recently struck by an advertisement for Select Sector SPDRs – exchange traded funds with a sector focus. This particular ad was for the XLV, the Health Care Sector SPDR ETF. “Tired of...
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Personalized Mutual Funds: What if?
The world of Registered Investment Advisors (RIA) is heading downstairs. Typically a community focused on the high net worth (HNW) individual with between $1 million and $5 million of assets to manage;...
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Who Do You Trust? Yourself!
On January 3rd, the Wall Street Journal ran an article titled, Investors Sour on Pro Stock Pickers. Author Kristen Grind noted that investors are jumping out of mutual funds managed by professional...
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How Do We Define Winners?
Peter Gregory, one of our co-founders, is always doing the math, and his review of the Sunday New York Times is no different. The Grey Lady published its year end report of mutual funds, and listed the...
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Out of the Closet
One of the complaints about high-fee mutual funds is that the larger they get, the more index-like they become. There is only so much money one can put to work and so many stocks one can own before the...
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Friday Mind Bender
Growing up, I was a big fan of the Terminator movies with Arnold Schwarzenegger. Well, the first two at least. The third movie, and the first not directed by James Cameron, was an absolute disaster. As...
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Adjusting for Risk
In each of our results pages for every strategy evaluation, Bloodhound measures returns versus risk. We measure risk by looking at standard deviation of returns (the most common measure). However, not...
View ArticleFinding the Best – Through Data Mining
Barron’s released its annual Best Fund Families in the latest issue, a ranking of best mutual funds in conjunction with Lipper Analytical Services. Boston’s Putnam Investment Management took the top...
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Fee for Incremental Service
On Wednesday, we focused on the Fidelity mutual funds that are actively managed and their over-diversification. As we wrote then, funds grow as big as they do and then have difficulty beating the...
View ArticleMutual Funds Tax Efficiency & More
Sorry for the lack of content the last few days. We’ve had a bunch of activity here at Bloodhound, and with only a small staff, I have chosen to focus on some business developments items. Nevertheless,...
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