This is Google's cache of It is a snapshot of the page as it appeared on Feb 6, 2010 07:47:26 GMT. The current page could have changed in the meantime. Learn more

Text-only version
These terms only appear in links pointing to this page: mutual fund research newsletter  
Mutual Fund Research Newsletter

results learn subscribe contact
Investor Alerts
CopyrightŠ 1999-2008
Tom Madell, Ph.D.
Last revision: Nov 17, 2009


From time to time we publish information of immediate concern to our readers, to make them aware of important facts before the release of our quarterly newsletter.



Emailed to subscribers on Nov 12, 2009: Our research indicates that all the following mutual fund categories should be considered BUYs:

Large Growth*
Large Blend*
Large Value*

Midcap Growth*
Midcap Blend
Midcap Value

Small Growth
Small Blend
Small Value

Diversified International Stock*

Note: An * indicates our favorite current categories based on our data.

Posted Oct. 8, 2009: We are issuing a BUY signal for the Large Cap Growth category. (Up to now, it has been just a strong HOLD.)

Posted Jan. 31, 2009: See our Feb '09 newsletter for our latest Alert regarding a BUY signal for the Small Cap Growth category. Additionally, all other major categories are now classified as HOLDs.

Reality Check (as of mid-Nov, 2009): These calls proved highly successful; the typical Small Growth fund is up over 30% since the beginning of the year; the other majority categories are up at least 24%.

As of Jan. 18, 2008 we believe that that virtually all 9 major categories of US stocks funds, with the possible exception of Large Growth, are unattractive based on the valuation data we monitor. We will continue to update you on this alert; however, once a category becomes unattractive from the standpoint of new purchases, although not necessarily if you are a long-term holder, it usually will not be considered by us to be attractive again for at least 6 months.

Reality Check (as of Mar. 27, 2009): Our early warning of poor returns proved to be highly accurate. Over the period, Large Growth funds, while down significantly, have been a somewhat better performing category than the other 8 major fund categories.

As of July 2007, we stated that we believed that "high yield" (also called junk) bonds were entering into an extended period where returns will be minimal, or worse, even leading to outright losses. Investors who want to avoid possible poor returns ahead might want to sell or reduce any current holdings. Our most recent Newsletters provide better alternative bond choices.

Reality Check (as of Mar. 27, 2009): Over the last 21 mos., high yield funds have had extremely negative returns in the range of -30 to -40%! In contrast, most high quality bond funds have done reasonably well.


- Frequently Asked Questions
- Special Alerts
- Tools/Links
- Disclaimer

Outstanding response from our subscribers!:...

"You will always be first priority as my investment source of direction. I haven't found anyone with your consistency of investment performance." - Ron Dufresne

"I have worked with 4 different "financial planners" over the past 30 years. I have learned more in the past year, from your articles than I have from any of my planners. ... Had I found you sooner I would have been more diversified and would not have taken such a big hit in 00/01. ... I've been on your bandwagon for a long time. I'm still smiling! Thanks!"  - Gary Hubbard

more feedback


Home ˇ Subscribe  ˇ Insights for Investors ˇ Tools/Links  ˇ About Us  ˇ Disclaimer  ˇ Contact Us