But then, there are 3 weeks left for "KEN". Hee, hee.
CGMFX MINUS 4.11% for 2015. S and P 500 POSITIVE 1.38%. For the past 10 yr. FX as averaged 4.54% per annum while the S and P 500 has averaged 7.31% per annum. Talk about a long slump from past glory..... In addendum, FX has a 5 yr. average per annum of 2.41%. The S and P 12.57% per yr. for same time period. There are a no. of blue chip stocks that pay more than 2.5 % with their dividends per year. Source: Morningstar.
So............according to Morningstar 100K with FX would grow to $155879 since Jan. 1, 2006. With the S and P 500 100K grows to $202242. A DIFFERENCE of over $46000. At one time FX had net assets of over 10 Billion in 2008. Now its a little over one billion in net assets. Perhaps past glory will return in the next 5 or 10 years, ya think?
Here it is, the past 3.5 years From 07/01/2012 to 01/01/2016. 100 K in CGMFX became $150134. The no frills, common S and P 500 turned 100K into $161673. So for you selected 3.5 yr. time period, the 500 bested FX by $11534. I will be mericiful and spare you the Primecap (POGRX) fund's results,,,,,,,,,,,unless you insist.
It is DECISION TIME if you have dry powder for the market. Buy, Wait, or Sell?...........IMO we are getting closer to a buy, about 10 to 15% down would be great. As always, we shall see.............
OK, I will respond. Looked it up. POAGX is down 11%, Ken is down 15% ytd, and the S and P (my barometer, is down 7). Personally, I am ready to weather the storm , and very possibly HUGE buying opp. that ( I hope) and COULD BE COMING UP. Such things only come along about every 17 yr. My only mistake thus far was putting one seventh of dry powder in POGRX thus far. The rest is ready to roll with the correction. We shall see wont we? Iggy.
The former BIG 3 NETWORKS and MSNBC, CNN, ad nauseum. It would seem (to me) Roger Ailes has a #$%$ for Megyn Kelly. Down it goes with the rest on this course...............