This is for a buy-and-hold person who doesn't want to do that much trading. They are well-suited to beginning investors, and they can be a good first investment. That said, the investor still needs to do a fair amount of due diligence at the outset.
More Quotes from Greg Carlson:
From what we can see, no current employee approved the trading arrangements, and that gives us a measure of comfort.Greg Carlson
It could be difficult for them to gain much headway given all the competition out there, especially on the price side.
Greg Carlson
To see this much turnover is troubling in some respects. In the meantime, you're left with a number of fund managers with limited track records.
Greg Carlson
Boone has run the fund seven years, his long-term record is good and he has a substantial personal investment in it, indicating his confidence in the selection process. This is a good fund for a core investment holding--even viewed apart from its social considerations.
Greg Carlson
We don't like to see board members overseeing a large number of funds. Granted they have trimmed their lineup, but they still have over 70 distinct mutual funds, and I think that's too many for one board.
Greg Carlson
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