The manager buys only stocks of companies that practice Total Quality Management and that are undervalued. Sharpe ratio is 1.83. The fund has consistently been in or near the category s top decile, has low risk and below average expenses. The equity portion tends to be midcap value stocks. The combination of value stocks and a small bond position gives Cap returns in the top third of its category and risks in the bottom decile.
Expenses are below average.
Susan Byrne, the equity manager, limits the portfolio to 40 issues, weights each equally and scrupulously rebalances so that she s continually buying low and selling high. The process forces her to continually reevaluate her underperforming stocks. Expenses are average, Sharpe ratio is 2.46. We do not imply approval of listed destinations, warrant the accuracy of any information set out in those destinations, or endorse any opinions expressed therein. The author is not a financial advisor, and the material presented is for informational purposes only and does not imply an endorsement of the funds mentioned.