46% 3 YR Ann Ret What is It?

**IIC** · 08-05-2007, 12:49 PM

Originally posted by Peter Hansen View Post

I just received this promotion piece from a newsletter promoting an International Fund. Below is the info given .......does ANYONE have a clue??

Key Statistics:

Security Type: International Fund
Upcoming Payment: $14.51/share
Projected Yield: 34.4%
3-Year Annual Return: +46.0%
Discount to NAV: (10.0%)

Needless to say this fund seems quite enticing .....what is your guess on this one........thanx for any help you may provide

You could start here...there are a number of them in the International Stock Fund category that have about a 46% 3 yr return...Click each subcategory and then sort by 3 yr return...But if it is there it will take more investigation: http://news.morningstar.com/fundRetu...ryReturns.html

**Peter Hansen** · 08-07-2007, 08:45 AM

Doug Thanx for your input

Two possibilites for the mystery security mention above are MBLTX and MPYMX , and frankly, I don't like either. MBLTX suffered a wicked 49.7 % loss during the 2000-02 market down turn, and it imposes a hefty 4.5% redemption fee plus super high expense ratio of 2.34%. MPYMX was not in existence during 2000-02 market drop, but it also has a high 2% redemption fee. I much prefer DODFX for foreign exposure, and it has NO loads or redemption fees and a low .66% expense ratio.

I think a winning portfolio would consist of DODFX, CGMFX, CGMRX, and BRUFX. ALL are NO load with low expense ratios and great track records over an extended period. CGMFX and BRUFX actually had impressive gains during the 2000-02 market collapse.

46% 3 YR Ann Ret What is It?

46% 3 YR Ann Ret What is It?

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