The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:NYT Profiles Three Top Performing Mutual Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 08, 2013

NYT Profiles Three Top Performing Mutual Funds

News summary by MFWire's editors

The New York Times profiled three top-performing mutual funds this morning: The Hodges Fund, the Marsico Global Fund, and the Buffalo Small Cap Fund. The Times story frames these funds as going against the grain and feeding innovation.

The Hodges Fund, which invests in growth and value stocks of companies of any size, returned 9.43 percent this quarter. The three biggest holdings are from the Lone Star state but the company is missing out on international stocks. The head of the family business still likes to conduct business the old-fashioned way:
The elder Mr. Hodges is an old-school stock picker who prefers chats with a company’s customers and competitors to computer algorithms when hunting for stocks.
Marsico[profile] Global Fund buys companies of any size that belong to any country, staying close to Europe and the U.S. of late. He has invested in Tesla Motors, which makes expensive but file efficient cars and has moved away from investing in energy companies. The fund returned 5.9 percent in the second quarter:
With North America producing more oil than we’ve had in several decades,” Fund manager Tom Marsico said, “we believe oil prices are coming down.
Buffalo Small Cap Fund, which returned 8.6 percent in the second quarter, is investing in social media, technology in manufacturing and most interestingly, iRobot, a company that makes the robots that have cleared bombs in Iraq.

To read more, click here.  

Edited by: Casey Quinlan

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use