Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
got a question
Old 08-05-2007, 10:06 PM   #1
Confused about dryer sheets
 
Join Date: Aug 2007
Posts: 2
Send a message via AIM to Lisa Johnson
got a question

Hello I am new to this forum. I own a fund called HFLIX and I would like to know if anyone has any information to share with me about this fund. I know the stock market has taken a beating lately. I'm worried about the exposure if any this fund has to the subprime woes affecting the financial sector. Thank You, any information would be greatly appreciated.
__________________

__________________
Lisa Johnson is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-05-2007, 10:20 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
In one word: Run.

In more than one word: I wouldnt touch this fund with a custom made 11 foot pole.
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 08-05-2007, 10:27 PM   #3
Moderator
bssc's Avatar
 
Join Date: Dec 2005
Posts: 9,925
Quote:
Originally Posted by cute fuzzy bunny View Post
In one word: Run.

In more than one word: I wouldnt touch this fund with a custom made 11 foot pole.
Why, CFB. Expenses or management strategy?
__________________
Angels danced on the day that you were born.
bssc is offline   Reply With Quote
Old 08-05-2007, 10:51 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Primarily the investment focus on low quality junk bonds, which I think have another downleg or two, and...

"The Fund seeks to provide high level of current income. The Fund invests primarily in Senior Floating Rate loans, which are below-investment grade variable or floating rate loans commonly made by banks to corporations."

Pretty much a 1-2 punch in this market.

If that doesnt have your hair standing on end, go look at the top holdings and what they do for a living.

I guess the good question is "What was the reason for buying the fund". What investment component was the OP trying to fulfill?
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 08-05-2007, 10:51 PM   #5
Thinks s/he gets paid by the post
wildcat's Avatar
 
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
Sure is taking him a long time to respond -- slacker!
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
wildcat is offline   Reply With Quote
Old 08-05-2007, 10:53 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
I was *editing*...

And my 2.5 year old wanted a big fat hug cuz the barney song was on.

You're getting your moneys worth...
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Lawyer question FinallyRetired Other topics 11 07-26-2007 05:52 PM
Estate Trust question Ziggy FIRE and Money 6 04-14-2007 10:14 PM
How to answer questions. ???With a question or assignment????? dex Forum Admin 2 02-25-2007 08:56 AM
Question on Wills............ Cut-Throat FIRE and Money 31 08-31-2006 11:18 AM

 

 
All times are GMT -6. The time now is 09:21 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.