Formerly Guinness Atkinson Dividend Builder (GAINX) and, prior to 2014, Guinness Atkinson Inflation Managed Dividend Fund.
SmartETFs Dividend Builder ETF seeks consistent dividend growth at a rate greater than the rate of inflation by investing in a global portfolio of about 35 dividend-paying stocks. Stocks in the portfolio have survived four Continue reading
On Thursday, April 15th, we will host two webinars about the MFO Premium search tool site.
The site helps individual investors and financial advisers 1) sort through the vast number of funds available today based on criteria important to them, 2) maintain candidate lists of promising funds to conduct further due diligence on, and 3) monitor risk and return performance of Continue reading
Phillip (Felipe) Toews (“Taves”) founded Toews Asset Management in December 1994 with the aim of providing intelligently risk-managed portfolios for clients. Headquartered in New York, the firm manages $2.2 billion between its six mutual funds, two Agility Shares ETFs and separately managed accounts. In addition to managing investments directly, it has an active advisor education program to help advisors effectively incorporate behavioral insights into Continue reading
On March 15, 2021, T. Rowe Price launched T. Rowe Price Global Impact Equity (TGPEX).
Socially responsible investing is all the vogue, and for good reason. The great bulk of such funds have a limited mandate: do no evil. They’re not trying to change the world, they’re just charged with avoiding the worst actors in it.
A minority of funds accept a greater Continue reading
On March 8, 2021, Touchstone Investments launched their latest fund in partnership with Sands Capital, Touchstone Sands Capital International Growth (TCDYX).
Across their strategies, Sands Capital looks for businesses with the same six characteristics Continue reading
The Securities and Exchange Commission, by law, gets between 60 and 75 days to review proposed new funds before they can be offered for sale to the public. Each month we survey actively managed funds and ETFs in the pipeline. We thought the “actively-managed” proviso would allow us to avoid the pain of reporting on the endless array of ETFs that have commissioned indices of … oh, SPACs plus cannabis or cryptocurrencies plus hotel stocks or stocks also loved by Gamestop investors. Sadly, we were wrong because there are now actively managed ETFs (below) proposing to target marijuana (2), bitcoin (2), and Continue reading
Each month we track changes to the management teams of actively managed, equity-oriented funds and ETFs. That excludes index funds and most fixed income funds. The index fund exclusion is pretty straightforward: in a passive fund, the managers are interchangeable cogs whose presence or absence is almost always inconsequential to the fund’s performance.
Similarly, most bond fund managers have a very limited ability to add value. Over the past 10 years, for instance, the top performing Core Bond fund in the Lipper universe outperformed Continue reading
On March 26, 2021, Guinness Atkinson Asia Pacific Dividend Builder Fund (GAADX) and the Guinness Atkinson Dividend Builder Fund (GAINX) were converted into ETFs.
Following the model pioneered by GA, Adaptive Fundamental Growth Fund, Adaptive Hedged High Income Fund, Adaptive Hedged Multi-Asset Income Fund, Adaptive Tactical Outlook Fund, and Adaptive Tactical Rotation Fund are being converted into the Adaptive Fundamental Growth ETF, Adaptive Hedged High Income ETF, Adaptive Hedged Multi-Asset Income ETF, Adaptive Tactical Outlook ETF, and Adaptive Tactical Rotation ETF, respectively.
DFA, the other firm Continue reading
Welcome to spring!
Virtually.
I first knew that spring had arrived – despite the day’s sub-zero temps – when I noticed that my students weren’t blinking anymore. The cheerful banter and occasional sass of my January term class is a chapel-like silence. Sitting in orderly rows, they look neither right nor left but smile in bland detachment. Footwear begins to shift from winter’s stylish combat boots to sneakers and sandals. The Bold celebrate a 45-degree day by donning shorts and carrying a light jacket over their arms (while The Old stays sensibly zipped up and suspicious of youth and weather both).
I can’t verify that their “fancy lightly turns to Continue reading
“Snow on the pines
thus breaks the power
that splits mountains.”Otaka Gengo Tadao (大高源五忠雄,one of the forty-seven Ronin).
Last month, David Snowball opined on Morningstar’s John Rekenthaler’s requiem for mutual funds. And while David agreed with Rekenthaler that the end of the fund industry was not imminent, both feel that it is inevitable. I have felt that to be the case for some time. Rather than be the Cassandra Continue reading