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CAN SLIM Select Growth Message Board

  • roderickb99 roderickb99 Oct 22, 2007 12:31 PM Flag

    Fund is doing a lot better !

    Hard to believe.

    Compare on graph to IJK = 400 Growth ETF for 3, 6 months.

    Still high fees and redemptions on early departures.

    Total assets only $33 million. They should do an ETF! They cannot make money at this level.

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    • The fund should actually be doing better, but it's still up 18% YTD. Not too shabby.

      Honestly, I'm surprised at the number of people who bought the fund and then sold after 3-6 months. Really silly. It's still a relatively new fund...have to give it a year or two to let the managers work the kinks out.

      • 1 Reply to dont_buy_low
      • I bought not too long after the fund came out, but the old manager did a bonehead move by insisting on holding oil and gas and racking up big losses, only to sell out at the bottom. I sold this fund at a small loss and moved on, I did not think Duncan Hurst was suited for running a CANSLIM fund. It got annoying looking at their quarterly reports and seeing a bunch of good performing stocks but yet the fund continued to perform poorly. I'll give it a few years to see what this new asset manager can do. 18% YTD is great.

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