and 3 different large caps and 4 international funds. how would i find out what each fund is invested in, all i can find is the top ten holds and nothing else, so i don’t know if i have the same in all similar funds. And the second part of that question is do i have to many for my Portfolio?

 

  • jeff410 11:59 am on January 9, 2010

    They should send you an annual report, or even quarterly, or post it on their website, which will tell you what they are invested in. But some of it is going to be almost constantly changing. Its going to be outdated by the time you read it probably. Concentrate investing asset classes like small cap large cap, and international stock and bond funds.

  • accountingaudit2009 11:59 am on January 9, 2010

    The simple answer would be yes and simplify your investment portfolio and just invest in one small cap fund, one International fund, one large cap fund, etc. You can always look at the annual report or compare the top 10 in see how similar your funds are. Your really looking for the best fund managers beating the relative index for instance S&P 500 for a large cap mutual fund. If the portfolio manager can not beat the index it might be a better idea to just hold index funds.

  • APN 11:59 am on January 9, 2010

    A basic clarification first.

    <Quote>.. if i have the same stocks in all similar funds.<UnQuote>
    YOU ARE NOT HAVING STOCK IN THE COMPANIES IN WHICH THE FUND INVESTS. YOU HAVE INVESTED ONLY IN THE MUTUAL FUND MANAGEMENT HOPING THAT THEY WILL INVEST THE MONEY IN STOCKS AND OTHER INSTRUMENT FOR THE BENEFIT OF THEIR INVESTORS.

    <Quote>.. do i have to many for my Portfolio?<UnQuote>
    Not at all. Today with computerised statements, automatic bank credits (of dividends inf any), and spread of computer usage with nearly free internet and free spreadsheet software (like open office), managing the portfolio is not a problem. The problem – as always – is to identify which funds and fund managers invest the units well and give consistently good returns.

    Also, what are your expectations and targets? Depending on this, you can choose fund houses.

    End

  • Paul 11:59 am on January 9, 2010

    Sounds like what you need is to run a "stock intersection report" and a "portfolio X-Ray".

    You can do both at http://www.morningstar.com

    Here’s the page for the X-Ray tool;
    http://portfolio.morningstar.com/NewPort/Free/InstantXRayDEntry.aspx?dt=0.7055475

    In order to access their intersection tool, you need to sign up. It’s free for 2 weeks. Signing up gives you access to many other tools on their website however, so it’s worth doing.

    You can also see a list of holding for a particular mutual fund at the fund family’s website. Every MF family website I’ve ever visited, I was able to find the entire list of holdings for any MF I was looking for.

  • Fundu Vishy 11:59 am on January 9, 2010

    If you have invested in Indian Mutual Fund Schemes, just register yourselves for PowerMF.com and get the access the complete details of the portfolio of each of the schemes. In fact, you can even create your own ‘Transition Portfolio’ on the Portfolio Page of the website after logging in.

    –
    Fundu Vishy – Your ‘Mutual’ Friend
    Follow me on twitter @funduvishy
    I blog @ http://blog.powermf.com