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SSIAX
Jul 4, 2021 15:01:29 GMT
Post by Bobpa on Jul 4, 2021 15:01:29 GMT
1919 Socially Responsive Balanced A SSIAX
Any opinions on this fund?
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SSIAX
Jul 4, 2021 15:22:52 GMT
Post by yogibearbull on Jul 4, 2021 15:22:52 GMT
Is ER of 1.16% for a typical balanced fund socially responsible? Why it made your screen? It is an old but small moderate allocation with LC-growth orientation, so it has done better than a typical MA fund in recent years. But so have FBALX, FPURX, etc (actually, better). LINK
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SSIAX
Jul 8, 2021 17:55:33 GMT
Post by nromsted on Jul 8, 2021 17:55:33 GMT
I'm not a fan of the 5.75% front end load for the A shares of this fund. It takes many years of outperformance for a fund to make up for that up-front hit. Add to that, I think the ER is high, and includes a 12b-1 fee in addition to the front end load.
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Deleted
Deleted Member
Posts: 0
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SSIAX
Jul 8, 2021 19:21:47 GMT
Post by Deleted on Jul 8, 2021 19:21:47 GMT
For socially responsible balanced fund - one option is to combine one of the Parnassus funds with a good bond fund.
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SSIAX
Jul 8, 2021 20:22:24 GMT
Post by anitya on Jul 8, 2021 20:22:24 GMT
For those looking to add a new MA fund to their port, consider VWELX. I have been put off by its large AUM but it has perked up.
P.S.: I own a foothold and never got around to adding.
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SSIAX
Jul 8, 2021 20:37:46 GMT
Post by anitya on Jul 8, 2021 20:37:46 GMT
My two cents -
Combining separate equity and bond funds to achieve desired MA fund objectives is a great idea but I found it requires a good amount of discipline to execute. It may work for buy and holders but those that look at their portfolio everyday often, it is difficult not to compare each fund's performance against its own category and cause execution drift. If anybody wants to try the idea, I suggest opening a separate account just for the idea so it will be a good, continuous reminder why you have the two funds in it.
Edit: SSIAX is no-load at Schwab.
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