Quotes by Sonya Morris

“He tends to own more foreign stocks than his competitors. That may be part of the explanation behind the above-average performance.”

“Its a good, solid core fund and has a good, long track record, so all of that provides an extra measure of comfort, and its reasonably priced. Given the pleasing results there, we wouldnt be surprised if the newer offerings are attractive as well.”

“Its not an auspicious time to roll out a small-cap fund, so investors should keep their expectations in check since small-caps may be in for a breather.”

“The new fund will be playing in different space, but you can make some assumptions about how it might perform by looking at Strategic Equity Fund.”

“If a managers being inundated with cash, it can make his job difficult. This is an attempt to let things cool off. Once they do, Id look for this one to reopen.”

“Im very glad to see it close. Weve been cautioning investors not to expect as much from it because its asset base has significantly limited its flexibility. At a certain level, its going to lose its ability to distinguish itself from an index fund.”

“I dont think the conflicts completely disappear but the transaction certainly helps alleviate some of that.”

“Its to promote the beauty and power of math. It is beautiful and powerful and how it shouldnt be a scary thing.”

“Some funds shift their assets heavily, but its really hard to blunt the blow of volatility. Negative returns in the double digits are not uncommon.”

“Its a sad fact, but mutual-fund investors really get a raw deal when it comes to taxes.”