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I’ll be participating in the free Morningstar
Individual Investor Conference webcast on Saturday,
March
21
. It starts at
10
a.m. Eastern time. My
part will begin around
1
:
30
p.m. Eastern time. You
can register at:
http://register.webcastgroup.com/ L 4 /?wid= 05795010620or go to
mfi.morningstar.com ,where you’ll find a posting on the conference.
MFI App in iTunes Store
You can now read
FundInvestor
on your iPad.
Install our free app from the App Store and
download the current issue, view the archive,
and read our free reports. FundInvestor App:
https://itunes.apple.com/us/app/morningstar-fundinvestor-mutual/id
923489706
?ls=
1&
mt=
8
J.P. Morgan Fund Joins Morningstar 500
I am adding
JPMorgan Value Advantage
JVAAX
to the Morningstar
500
. The fund, which
has a Morningstar Analyst Rating of Silver,
is run by Jonathan Simon, who has been lead
manager since
2005
.
Simon looks for high-quality value stocks with
barriers to entry. However, he will make some oppor-
tunistic bets on turnarounds as well. The fund is
peppered with blue-chip names such as
Wells Fargo
WFC
,
Exxon Mobil
XOM
,
Pfizer
PFE
, and
Loews
L.
From the start of Simon’s tenure, the fund has
returned an annualized
9
.
36%
versus
6
.
76%
for the
Russell
1000
Value and
5
.
92%
for the average large-
value fund. The fund has outperformed its peer group
in each calendar year since Simon took over, and it
hasn’t lost to the index by more than
94
basis points
in a year.
The fund has
$10
billion in assets, a
5
.
25%
front load,
and an expense ratio of
1
.
24%
. See the facing page
for more.
Domini Goes Out
To make room, I am dropping
Domini Social Equity
DSEFX
. The fund is rated Neutral and has
$1
.
1
billion
in assets.
œ
What is Morningstar
FundInvestor
500
?
The Morningstar FundInvestor
500
features the industry’s
best and most notable funds.
Use the list to get new in-
vestment ideas and track the
funds you already own.
FundInvestor
subscribers have
access to one-page monthly
reports on all 500 funds on
mfi.morningstar.com. Just
type in the name or ticker of
the fund in the search box.
Don’t Miss the Morningstar Individual
Investor Webcast
Changes to the 500
|
Russel Kinnel
Summary of Changes
Add
Drop
JP Morgan Value Advantage
Domini Social Equity
Rating Change
To
From
American Funds Capital World
ˆ ´
Buffalo Mid Cap
‰ ´
PIMCO Global Multi-Asset
‰ ˆ
PIMCO Inflation Response
‰ ˆ
T. Rowe Price New Amer Gr
´ ‰
Vanguard Convertible Securities
´ Œ