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Conference nyoss1::market_investing

Title:	Market Investing

Moderator:	2155::michaud

Created:	Thu Jan 23 1992
Last Modified:	Thu Jun 05 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	1060
Total number of notes:	10477

496.0. "Seek info on FIDO Conv. Sec. Fund" by ELIXIR::SPIELMAN (jerry DTN 297-6924) Mon Jun 07 1993 15:51

This fund started in Jan '87  was alleged to have the following track record
(by FIDO phone service rep.)  

Avg return (life of fund)  18.xx%
Last 3 years:  21.yy %

Considered a growth and income fund.

Questions:
1. Does anyone have experience with how it acts compared to the DOW?  
2. If there is a significant correction (say 500 points) how will such a 
   fund react ?

3. Does anyone have any info related to "average" return for this class of fund?

T.R	Title	User	Personal Name	Date	Lines
496.1		SFC01::SFC01::SMITHP	Written but not read	`Mon Jun 07 1993 16:22`	9
	1. It has been performing great the last few years. Up 22% in 1992 and 10.2% thru May. The S&P 500 was up 7.6% in 1992 and 4.5% thru May. 2. MFIA gives it a risk rating of .8 compared to the S&P 500. 3. MFIA rates converts "OK to Sell". They think the convertibles market is over bought and its time to take profits. FWIW
496.2	FIDO fund? must be a real dog!	CSC32::K_BOUCHARD		`Tue Jun 08 1993 17:40`	1