09-01-2018, 09:30 PM
What is your best fund that has been closed to new investors.
Even though the fund is closed it can still be harvested for new ideas;
One of my three Funds FCPGX just got closed to new investors. This does not surprise me;
If a fund grows too big (attracts too much capital) it loses its ability to function
---its cannot execute its strategy
---It might move the market with money flow
I have sort of noticed that some of "the best funds" I have identified for potential buys tend to be closed to new investors.
That where a tool such as "trading baskets" or "Motif" would really be useful.
Here Morningstar is showing you what the fund added in the near-past. I think this is really useful in finding new ideas.
Even though the fund is closed it can still be harvested for new ideas;
One of my three Funds FCPGX just got closed to new investors. This does not surprise me;
If a fund grows too big (attracts too much capital) it loses its ability to function
---its cannot execute its strategy
---It might move the market with money flow
I have sort of noticed that some of "the best funds" I have identified for potential buys tend to be closed to new investors.
That where a tool such as "trading baskets" or "Motif" would really be useful.
Here Morningstar is showing you what the fund added in the near-past. I think this is really useful in finding new ideas.