yeah, ya get what ya pay for sometimes... A is AI don't think we disagree on the issue of the fund manager and whatnot. I never tried to claim that people don't have a right to invest according to any strategy they choose... if they want to follow the PAX idea, fine by me. If one can sleep well at night knowing his investment lost 23% since 2000... well, what can I say? lol.
BTW, just an interesting sidenote. I had to go to my fund research resources to find the rate of return for those funds. I tried to find them on the PAX website but THEY DON'T LIST HISTORICAL RATES OF RETURN. They do have a list of share prices going back only about two years, but that's NOT standard reporting, as it does not take into account fees and yields (if any). I can't imagine EVER investing in a fund whos own website doesn't even bother with industry standard historical data. It's very amateurish.
I predict a skyrocketing rate of return now that they've dumped Starbucks. sheesh!
yeah, ya get what ya pay for sometimes... A is A