Introducing SVARX

[FD1000]

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.

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