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You'd be much better off with PRWCX, Tony; MATRX is an overpriced DOG! snowflake  07-05-2008, 5:51 PM | Post #2535847
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Over the past ten years MATRX shows virtually no gain, i. e., DEAD MONEY!; and THAT for a disgusting 2.15% expense ratio!?  This is a sucker's fund; all the farmers I've ever known are a lot smarter than THAT.  You'd be better off in an FDIC protected CD or a government backed money market fund.

PRCWX is an outstanding bear market fund showing gains during all of 2000, 2001 and 2002 while EASILY OUTPERFORMING MATRX for a fraction of that egregious expense ratio over the last decade.  You could hardly do better.  Ignore the outperformance of  CGMFX during the last bear market as it's not likely to be repeated due to the current crash of the real estate and housing sectors.  During that period real estate and housing were booming and therefore CGMFX's last bear market performance is not likely to be repeated.  It's an inherently risky fund anyway in any market environment.

Peace and love,

Flakey 

Topics CGMFX environment expense ratio housing sectors View Complete Thread
 
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