SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (55033)1/5/2008 9:38:48 AM
From: WalterWhite  Respond to of 78426
 
Mr Aloha - i hope you are right about MMG. Loaded to the gills.

I think traditional fund mgmt fees are outrageous. If the LT trend is for a 7-8% annual return on the S&P, and the fund takes 2.5% (often the case in Canuckistan where competition is muted) then that equates to approximately a 33% performance fee on gains!

5/44% is outrageous as well. 44% is fine on performance over and above the benchmark (only if positive).

I have never owned a fund (other than exchange traded country funds of old, and now ETF's) but recognize that most people neither have the time, training, or inclination to go it alone.
Best
Globe



To: Mr. Aloha who wrote (55033)1/7/2008 2:26:10 AM
From: marcos  Read Replies (1) | Respond to of 78426
 
Interesting, that's a high-roller outfit, they're the second largest institutional holder according to yahoo ... Calpers still there, can't recall previous figures so don't know if they've added shares recently ... true enough that low inst-holdings give these folks lots of room to move up, but that's been the case for a long time now, be nice if they got their thumbs out ... this is a looong pennant on the weekly - stockcharts.com