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Strategies & Market Trends : PBHG Funds

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To: Archie Bunker who wrote (248)4/4/1998 11:48:00 AM
From: Michael W. Brom  Read Replies (1) of 268
 
Archie,

Well, I LOST my patience (as well as some $$$) in the Emerging Growth fund the past two years. I got tired of reading about "patience" and "cycles" in the annual report while I was NOT making any $$$. I bailed out and turned to Safeco Growth. It's made more $$$ in two months than Emerging Growth made the past two YEARS. Plus, now that the PBHG funds have added "load funds", it's apparent that they are more interested in making money for themselves rather than shareholders. Their high expense ratios attest to that as well. Expense ratios aren't a high priority if you are making money, but when you AREN'T, it makes matters worse.

Michael aka Small Change
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