FPA PARAMOUNT (FPRAX)

Average Rating:
Average % of Each Member's Holdings 2%
% of Financial Inst. Recommending This Investment 2%
Average Value of Each Member's Holdings $10,000.00
Average Member Age Who Own This Investment 42
Percentage Ownership - Male / Female 100% / 0%

Performance Data

View the recent performance of this investment, including price history and historical performance (information supplied through Morningstar)

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6/28/2008

Kind the the Bears

REVIEWER: bearhugger

Shareholders are jumping ship to the tune of $250 million since 2006. When growth stocks soar, the fund looks weak, but it holds up better than most in tough economic environments. The managers look for companies that earn high returns and have little to no debt. Companies trading at a discount, small to mid size companies. For long term investing the fund has huge merit and it is great for a taxable account. There's a huge tax-loss, carry forward. If you think we will continue to see stock prices fall, this is an offering worth considering. It adds sm-to mostly mid caps if you have a large cap portfolio. Could be an important addition to certain portfolios. Rather compact portfolio here, but again, quality companies only. Performance beats out the S&P500. ... Read full review
2/6/2007

C Grade for Concentration & Cash

REVIEWER: Current Sea

2006. A very bad year for this Fund. Like 9.13% below its category in returns kind of bad. Among its stocks that did poorly were Cognex and Zebra Tech - and the managers took more of a stake in these turkeys perceiving this to be a buying opportunity. Overall, its a concentrated portfolio with low turnover and high cash stakes at times. I personally like more diversification to avoid years like 2006. Low turnover is nice, but sometimes you have to know when to cut bait. Great for a taxable account with its huge tax-loss carryforward. Nice low expense ratio, too, of .85%. ... Read full review

Showing 1-2 of 2 reviews.

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