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Post by FD1000 on Jan 16, 2021 14:27:48 GMT
SVARX is a fund of other fixed income funds. The ER=2.95 is very high, but the results are very good. Several of these funds have ER of 1.5% already. The managers are doing what I do which is using high performers + switching. BTW, in 03/2020 the fund lost less than 2% peak to trough. The risk/reward easily beat VBINX+VWIAX
As of 1/15/2020:(One year SD is from PortVis) SVARX performance/SD...............1 year=23.4%/6.4.......3 year=10.4% annually/5.4.....5 year=11.4% annually/4.9. VBINX (60/40) performance/SD.....1 year=15.1%/16.8.....3 year=11.2% annually/11.9...5 year=11.15 annually/9.7. VWIAX (40/60) performance/SD.....1 year=7.6%/11.55...3 year=7.2% annually/7.7......5 year=8.0% annually/6.3.
When you look at their (site) they do a good job not to mention the fact they invest in other fixed income funds. Their top funds from M* as of 9/30/2020 are and by now it's probably different IOFIX=special securitized NHYIX=HY Recv Nuveen Prf Secs Inc Pimco Govt Mm Instl BDKNX=special securitized Eaton Vance Floating=bank loans Ishares Tr Pfd Inc S (-10%) CMOYX=CLMAX=special securitized
Below is how their portfolio looked as of 12/31/2020. The yield is low under 1% for 2020 and about 3-3.5% for 2019 and about 2.5% in 2018.
So, if you are looking for a good risk/reward fund, maybe that's the one. See one year (chart) and change to 3-5.Attachments:
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