Fund Recommendations - Choppy Waters

Here are recommendation changes made earlier this week:

ADFSX Recommendation Change- Reduce:
This relatively new Financial Services fund excellent performance in 2006. However, this year it has been under performing and has shown more volatility. It is up only 1.4% YTD.

ARDEX Recommendation Change- Reduce:
This mid-cap value fund is a low volatility fund. However, it has been under performing its category for last six months.

THOIX Recommendation Change- Accumulate:
This world stock fund is less than one year old. It seems to have average volatility and high performance. It is out performing its peer group. All of its percentile performance rankings are '1'! It is up about 15% YTD and over 40% since its July 2006 inception. This fund has a fund imposed short term redemption fee of 1% if sold in less than one month. It is available at Fidelity with a transaction fee of $75 on purchase and no transaction fee on sale. For all other users, check with your broker.

Labels: Changes, Mutual Fund Recommendations

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posted by Ramesh Agarwal & Team @ 10:32 PM   2 Comments

2 Comments:

At June 19, 2007 2:15 PM ,  Anonymous said...

While I agree that THOIX appears an excellent pick as a low volatile, high return fund, its required minimum investment is $2.5 million. Even its sister fund (THOAX) while available for $5,000 is only for institutional investors. So how can this fund be pruchased?

I am new to this site. Can someone elaborate?

Thank you.

Willem Duyvesteyn

 

At June 20, 2007 10:53 PM ,  Ramesh Agarwal & Team said...

Thanks for the information, Willem. Please take a look at my new post on THOIX which discusses this issue.

 

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