BLNDX

1,130 Views | 3 Replies | Last: 3 yr ago by techno-ag
Scaramanga1999
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Up 3% this year while the S&P 500 and bonds are crapping the bed.

Managed futures are going to be the way to avoid a lost decade.
techno-ag
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AG
It's an interesting pick no doubt. Personally I worry about its low volume, relatively low AUM and short track record, not to mention the minimum $2500 buy in. But that's typical of mutual funds. Also I think there's a $19.99 buy in fee with my broker.

TLDR I prefer ETFs.
OldArmyCT
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AG
The fund has total operating expenses of 1.94% minus a waived fee of .67% which can be instituted whenever management decides to do so, right now it'll cost you 1.27% per year to buy this fund. Morningstar says the initial investment is $25,000 but they aren't covering it. They also invest in commodities and currencies.
Y'all have fun with this one.
techno-ag
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AG
IINM it's 25k for an institutional investment, $2500 for retail.
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