Interview (1011)
It’s very difficult to have a competitive advantage in the large-cap area, where there is plenty of information available and everyone knows the companies well. AIM Large Cap Growth Fund, however, is trying to outperform its peers by better risk management. Relying on a balanced, unemotional, objective, bottom-up process, the
When you have two managers, one with value and one with growth perspective, you'd be less dependent on the type of stocks the market favors at the moment. The Thrivent Mid Cap Stock Fund combines not only growth and value, but also targets “the best of both worlds” by investing
Independence and teamwork are key words at Turner, the investment company managing Turner Core Growth portfolio. Analysts are also owners, portfolio managers act as analysts and compensation depends on team results, all with the idea of putting the client first. Very much growth oriented, this large-cap portfolio has an above average
Quite unusual for the mutual fund marketplace, the Absolute Strategies fund doesn’t choose the investments, but seeks the perfect mix of asset classes, strategies, and managers. The goal is absolute return with low volatility and low correlation with the market so that investors would not have to take losses every time
Most managers analyze tons of fundamental data in order to get a competitive edge. Very few others, like Jonathan Ferrell, manager of Rock Canyon Top Flight fund, analyze the reactions of investors to specific market conditions. With as little constraints as possible, the fund uses multiple styles and shorts stocks when
Diamond Hill Focus Long-Short Fund
Diamond Hill's long-short strategy differs from similar strategies in a couple of key ways. It intentionally has a long bias and doesn't use the shorts as a hedge of long positions. More importantly, the managers keep their long-term investment perspective and stick to the core of their philosophy – estimating the intrinsic
Third Avenue Real Estate Value Fund
The Third Avenue Real Estate Value Fund is not a typical real estate portfolio. It seeks value and long-term capital appreciation outside the conventional way of simply investing in REITs. As long as the investments remain safe and cheap, portfolio manager Michael Winer would seek value in any property type
At Summit Investment Partners, the Everest portfolio team finds value in large cap, primarily domestic, stocks. Contrary to popular belief, the market at times is inefficient in pricing large cap stocks. This is the kind of opportunity which the fund seeks to profit from. The portfolio manager James McGlynn keeps
MFS High Yield Opportunities Fund
Risk taking is a way of life for high yield bond managers who operate at the least secure part of the market. John Addeo manages the MFS High Yield Opportunities fund with the understanding that bond investors usually don't have the chance to find home runs that offset mistakes. The fund's
Flexible, concentrated and disciplined are the unique features of the Yacktman Focused Fund, according to manager Donald Yacktman. As implied by the name, the fund focuses only on its best ideas because overdiversification can be an excuse for ignorance. The crucial part of this strategy is to invest in solid
