Oppenheimer's Developing Markets Fund is a great way to spread your
money out in the best growth regions. Ticker is ODMAX...
Check out this blog, it updates frequently...
www.rationalinvesting.blogspot.com
"Captain_Gain" <> wrote in message
news:
> Oppenheimer's Developing Markets Fund is a great way to spread your
> money out in the best growth regions. Ticker is ODMAX...
>
>
> Check out this blog, it updates frequently...
>
> www.rationalinvesting.blogspot.com
How can a 5.75% load be 'rational'?
A no-load emerging market alternative to ODMAX:
T. Rowe Price Emerging Markets, PRMSX.
For good 'historical' performance with the lowest fees:
Concur with Master Ed. Try either Price PRMSX, or even Vanguards
Emerging Mkt Index fund. Or Fido.
My God, do you realize how well you must do to compensate for at 5.75%
load?
There are dozens of great emerging mkt funds that do NOT have loads.
Why handicap your returns?
best,
rono
"rono" <> wrote in message
news:
> Concur with Master Ed. Try either Price PRMSX, or even Vanguards
> Emerging Mkt Index fund. Or Fido.
>
> My God, do you realize how well you must do to compensate for at 5.75%
> load?
Especially if you hit a down year the first year...a $100,000 investment
starts at $94,250...if that drops 20%, by $18,850 to $75,400, you'll need a
32.63% return the following year just to break even!
D
Dave Hannes wrote:
> > My God, do you realize how well you must do to compensate for at 5.75%
> > load?
>
> Especially if you hit a down year the first year...a $100,000 investment
> starts at $94,250...if that drops 20%, by $18,850 to $75,400, you'll need a
> 32.63% return the following year just to break even!
A lot of them are 2% out on redemption fee, though even at 5.75% there
are instances where I'm tempted, though it would be a first. Not to
belittle indexes or a broader goal, just sometimes it won't do (short
of an active approach to fundamental issues). Seems like there's
places, cracks and crevices, they won't go. As for figures - seems
plausible to go opposite when venturing, since nobody goes in to lose
money. $100K with $85K large may also be considered a calculated net
return on last year. All I'd need are figures to convey future risk.
LETRX is a Russia fund and shouldn't be compared to the others.
This is a better chart.
1/3/5 year AATR
CEE 62.33%/49.97%/31.12%
TRF 62.13%/61.90%/40.36%
LETRX 61.11%/na/46.48% load adjusted.
"Flasherly" <> wrote in message
news:
>
> Dave Hannes wrote:
>> > My God, do you realize how well you must do to compensate for at 5.75%
>> > load?
>>
>> Especially if you hit a down year the first year...a $100,000 investment
>> starts at $94,250...if that drops 20%, by $18,850 to $75,400, you'll need
>> a
>> 32.63% return the following year just to break even!
>
> A lot of them are 2% out on redemption fee, though even at 5.75% there
> are instances where I'm tempted, though it would be a first. Not to
> belittle indexes or a broader goal, just sometimes it won't do (short
> of an active approach to fundamental issues). Seems like there's
> places, cracks and crevices, they won't go. As for figures - seems
> plausible to go opposite when venturing, since nobody goes in to lose
> money. $100K with $85K large may also be considered a calculated net
> return on last year. All I'd need are figures to convey future risk.
>
>
>
Ed wrote:
> LETRX is a Russia fund and shouldn't be compared to the others.
> This is a better chart.
>
>
> 1/3/5 year AATR
> CEE 62.33%/49.97%/31.12%
> TRF 62.13%/61.90%/40.36%
> LETRX 61.11%/na/46.48% load adjusted.
At a 7% discount to a 12% premium throws in its own particular
adjustments. I should think that whatever the discount/premium upon a
sell is going to be an net average determined from a buy strike. Seems
sort of a convoluted way for watch a NAV when the D/P is on the move
(never thought of what momentum factors might be in play there ....
roughshod supply/demand, I suppose). Why not run an adjusted CEF NAV
accounting daily %D/P flux. What else is notably different between a
CEF and ETF as far as trading dynamics (ie., ETF/Funds - watch related
and specific fund news, price movements, and cross yourself three times
dutifully every night before bed)?
I meant for a retirement account....
Hey, a load adjusted return of 22% per year for five years ain't bad.
You get what you pay for....
And the T.Rowe Price Fund's return per year for 5 years is 19%. Even
after the load fee, ODMAX outperforms by 3% a year....
"Captain_Gain" <> wrote in message
news:
> Hey, a load adjusted return of 22% per year for five years ain't bad.
> You get what you pay for....
Will you get what you pay for over the next 5 years?
"Captain_Gain" <> wrote in message
news:
> And the T.Rowe Price Fund's return per year for 5 years is 19%. Even
> after the load fee, ODMAX outperforms by 3% a year....
That should be 'outperformed', not 'outperforms'.
In the same category is TREMX, also a no-load, 5 year average 27.35%
Then you have SNEMX, no-load, 25.98%, and let's not forget AEMGX, also
no-load, 28.66%.
It was ranked number one for 5 years out of 148 funds in the category.
"Captain_Gain" <> wrote
>I meant for a retirement account....
Not all retirement accounts waive the load, probably most don't.
Thanks for the grammatical correction. You're awesome.
"Captain_Gain" <> wrote
> Thanks for the grammatical correction.
You're very welcome.
> You're awesome.
I know.