thank you so much for the info.  wasyx seems like a nice fund for any type of market.  i've heard good things about the leuthold funds.  the loads for the quaker funds keep me away. 

i am wondering what you think about jordx?

track record is limited and basic materials exposure is driving returns recently.  however, at least gerald jordan has a bear market strategy that seems to have worked by buying puts for protection at the right time.

Thanks Kevin, but  Me thinks it's just  another outfit Jumping on the Band wagon to Keep Their Investors $ Inhouse and using there "moderate" Successfull reputation to attract $ and thus Make more with their Above -the- Ave. Higher Fees..for AMF's.

Owing LCORX for several yrs and going thru it's Hard Close trick, left a bad taste in my Mouth for them..and I didn't take the Bait to be Forced to put New $ into it's So called -"Just as Good" LAALX.. and seeing as LCORX hasn't really Outperformed My Other Like kind Funds for the past 10 yrs now, either..

Many Innvestment advisors and Fund Mgrs I monitor have been 'Reducing" their Global exposeur..while this And Int'l is going thru  a "Correction" , but I call it Normal Business for this Kind of Sector..just look how "well" Int'l did during 2000 thru 1st Qtr of 03' yrs..( the Index lost over -60%) and it took the next 2+ yrs of recovery just to break even.

and Me thinks the Worse is yet to come for this Sector..and I think  Leutholds Expertise isn't in Int'l...

Of course, it's been my Experience and Observation that all they have to do is stay with in a few % Rtrns as it's peers to keep Investors complacient to stay with them.. like all the other Fund Families do..

Of course, I'm by far no expert on this stuff, so do your own Research of course..

Or ? Hire Kevin  (or guys/gals like him), to do it for you...

I don't know what to make of the return numbers.  It's possible that a newly established fund like this simply hadn't made substantial investments yet and therefore didn't participate in the market decline.

Best,
Oildog

Kevin,

Thanks for also including that SEC filing.  It seems this baby will be able to do it all.  It will be an interesting product to watch.  I've been itching to buy MCLOX, but the expenses are even higher there.

Joe

Newly-released research bulletin guages effect of U.S. economic slowdown and Eurozone stagflation on China's economy -

 http://www.globalsecuritieswatch.org/PRC_Sovereign_Risk_Review.pdf

I have looked at JORDX, and for me, the jury is still out.  If you go to the fund's web site, you will see that the history of this fund goes back only to 1/21/05, and the prior returns were from a limited partnership.  The 5-year annualized return for the composite "fund" (mutual fund + LP) was 19.41% as of 3/31/08, which looks great, but dropped off to 10.69% for the 10-year period.  So, there must have been a rather rocky period from 3/31/98 to 3/31/03.  How rocky, I don't know, but I bet that it must have included some down years.

Like I stated in a prior post, CGMFX, QUAGX, and JORDX seem to be playing in the same sandbox, with limited to no exposure to short exposure to financials and overweight in the industrial metals and energy sectors.  For me, I prefer to stick with Ken Heebner of CGMFX who is in a groove and outperforming these other funds as shown in this scalable chart.  When Ken retires, QUAGX, QTRAX, and JORDX may serve as worthy replacements to CGMFX.

Kevin     

hi kevin, did leuthold release the current portfolio of glbix?

thx

The S&P500 is down over 9% YTD. LCORX is up 0.1%. LAALX is down 0.4% YTD. Yeah, what garbage funds. Better to be down 9% than be in these funds, right? Not. LCORX has one of the top 10 records over the past 10 years. 6th best performance among all balanced funds according to Morningstar. Yeah 6th place is horrible. There's a slight difference between LCORX and LAALX. I've gone over this a long time ago. Both use the same methodology and both will have the same sector allocations.  Only the stock picking portion of their funds are different.  LAALX just happens to be more invested in "unloved" stocks which means financials. The main divergence between the 2 funds occurred when LAALX launched which shouldn't be surprising since it was a new fund. But since then the funds have more or less synchronized. Considering you CAN'T invest in LCORX (unless you have your distributions reinvested), LAALX is an excellent alternative. Now if both were available, LCORX would be the choice. Fortunately, I got in LCORX before it closed. In terms of "taking the bait" and buying LAALX, I'm glad I did. Because the alternative would be getting killed in the markets right now. Leuthold has done a good job of avoiding heavy losses just like they did during the 2000-2002 bear market.

Of the top 8 performing balanced funds over the past 10 years, I own 4 of them. And I'm happy with all 4. Mainly the Ivy, Blackrock, Leuthold, and Loomis funds. They are part of the reason why I am significantly outperforming the markets. In fact, I'm actually up this year. However, the Loomis fund hasn't really done well this this year. Both Leuthold funds have outperformed the Ivy, Blackrock, and Loomis funds YTD. Not to mention most funds since most funds are down big this year. Put a gun to my head and ask me to pick one? I'd go with Ivy. 2nd with Leuthold. I'm definitely buying the new Leuthold fund when it comes out. I'll be selling LAALX considering I see no need to own 3 Leuthold funds.
 

At this time, only Leuthold knows what is in the Global Fund portfolio. 

Kevin

Good Morning....

 Some CEF investors might want to look at the volatile CEF GCH. GCH just paid out $6.66 in ST/LT cap gains and has paid out similar substantial payouts each year [since their RO [$10] a few years ago]....

 The mktprc has again dropped [after payout] to a sustainable investment [12+] for long term type investors interested in China as a investment option IMHO....

Live Long and Prosper/Eddy