The reason this fund is taking a major DIVE. I've been doing much better investing in RIG, NE, APC AAPL than this fund over the last year. EXTREMELY disappointed. Wish the hell, they'd re-balance! Financials will be taking hits for the next YEAR so any gains will be anemic (if any).
We were simply caught in the perfect storm....When financials bounce back this will once again be a high returning fund. Great management team, and with any emerging market fund it's due for drastic plus's and minus's. Don't sweat it, think long term.
I agree this fund is terrible. I plan to sell next week but not sure where to invest. Any thoughts? I like CGMFX but my brokerage does not offer. Janus 20 another great fund but now closed. I also am selling my MEMEX which is ugly.