Mutual fund observer download#

When looking to make a trade, I strongly consider the Bucket and Author's Rank.Narrow down the universe of 18,000+ funds we rank with our robust, yet easy-to-use mutual fund screeners. The metrics are year to date, which is a shorter time period than I normally use, but this is not a normal year. The funds are sorted from highest rank to lowest. I rate the top mutual funds available at Charles Schwab and Fidelity and Vanguard mutual funds, exchange-traded funds and closed-end funds. (Source: Author based on Mutual Fund Observer) Top Funds By Fund Family and Asset Type Table #3: Top Funds For Top Lipper Categories Bucket 1: Safety There are not many closed-end funds because I am very selective based on the Ulcer Index, assets under management and premiums. I include Vanguard mutual funds and mutual funds available to small investors at Charles Schwab and Fidelity with low or no transaction fees. The purpose is to invest in portfolios that are adjusted according to the business cycle to reduce risk in the late stage of the business cycle prior to recessions and increase risk after recessions. The 'Bear' column refers to the average performance during recent recessions. I try to own funds in more than 5 buckets in order to have a balanced and diversified portfolio. My rating system(Rank) is based on Risk-Adjusted Return, Risk, Valuation, Yield, Momentum and Quality Factors and is described in ' Behind the Curtains - Building A Ranking System' at Mutual Fund Observer. Only the top categories are shown for each bucket. I added the Municipal Bond Category at the request of a reader and do not include funds for individual states.

Mutual fund observer download#

(Source: Author) Mutual Fund Observer June UpdatesĮach month, I download and rate about a thousand mutual funds, exchange-traded funds, and closed-end funds from Mutual Fund Observer and divide the Lipper Categories into the following 10 buckets. I am near my conservative limit of 20% allocation to stocks. We are currently in a recession and COVID-19 cases are rising. I don't make short-term timing trades based on the model. The shaded area is just the momentum of the investment model suggesting times when one might want to be a little more defensive or aggressive. The minimum and maximum allocation to stocks are based on Benjamin Graham's guidelines of never investing less than 25% nor more than 75% in stocks. The model estimates the optimum allocation to stocks (solid blue line) based on risk, growth, valuations, interest rates, among others, in the U.S. I created the Investment Model (dashed blue line) based on over a hundred indicators, mostly available at the St. (Source: Author based on Mutual Fund Observer) Investment Model

Table #1: Baseline Funds and Model Portfolios (since Jan 2018) The second is from Morningstar Portfolio (as of July 9th), which had the target allocation on Janubut had a small amount of trading (described in SA and MFO) during the year to reduce risk as the market started to fall and when it started to recover. The first is based on the target allocation not adjusted for price swings. The metrics are based on two years because the youngest fund in the model portfolios is two years old. The second section in Table #1 contains the Model Portfolios that I follow. The funds with the lowest Ulcer Index outperformed this year.

I have also included the performance for the past 12 months and year to date. Martin Ratio represents the Risk-Adjusted Return and is calculated by dividing the return for the period (RTN 2.5 Yrs in this article) by the Ulcer Index. Mutual Fund Observer ranks funds for Risk from 1 (lowest) to 5 (highest). The Ulcer Index generally increases with higher drawdowns. Table #1 has the funds and portfolios in the previous chart. I use the Ulcer Index, among others, to select funds that will do better than the market during down markets. (Source: Author based on Mutual Fund Observer) Below is the annualized return compared to the Ulcer Index for some baseline funds (blue dot), my target portfolios (red triangle), and the S&P 500 (green square) since January 2018, when investors began rotating into late business cycle stage assets.Ĭhart #1: Return vs Risk (Ulcer Index) - Since Jan 2018 The data in this article reflects updated to the end of June. It is available through Mutual Fund Observer Premium. One method to measure risk is the Ulcer Index, which measures the length and depth of a fund's drawdown. Investors expect to be rewarded for the risk that they are taking.