Is Akrex a good fund?
Is Akrex a good fund?
Overall, Akre Focus Retail ( AKREX ) has a low Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and higher fees, this fund looks like a poor potential choice for investors right now.
What kind of fund is Akrex?
Fund Details
| Category | Multi-Cap Growth |
|---|---|
| Fund Family | Akre Funds |
| Fund Status | Open |
| Fund Inception | August 31, 2009 |
| Managers | Neff Cerrone |
Is Akrex an ETF?
$AKREX is classified as a Mutual Fund while $VUG is classified as an ETF. Even though one of these is a mutual fund and the other is an ETF, that doesn’t matter too much for their holdings.
What is D Series fund?
D-Series mutual funds are a low-cost fund series designed exclusively for self-directed investors. These funds charge a lower management fee due to the reduction in the trailer fee. The investment objectives, strategies, holdings and management of the funds are the same.
Is Chuck Akre retiring?
On December 20, 2020, Founder Charles Akre will step aside from day-to-day portfolio management for the fund. John Neff and Chris Cerrone will continue as portfolio managers for the fund.
What is considered a low fee for a mutual fund?
A reasonable expense ratio for an actively managed portfolio is about 0.5% to 0.75%, while an expense ratio greater than 1.5% is typically considered high these days. For passive or index funds, the typical ratio is about 0.2% but can be as low as 0.02% or less in some cases.
Does Mawer have D series?
At least 11 major fund providers now offer “D-series” versions of conventional funds, which come with much lower trailer fees, and three more—Steadyhand, Mawer and Leith Wheeler—that charge no trailer fee at all.
How old is Charles Akre?
After 21 years in the securities business, the then 67-year-old Chuck Akre (Trades, Portfolio) launched the Akre Focus Fund in August of 2009. Since then, Akre Capital Management has grown to manage $13.6 billion in private fund, mutual fund and separately managed accounts as of Nov.
What is Primecap Odyssey Growth Fund?
The Fund seeks to provide long-term capital appreciation. The Fund seeks to achieve this by investing in stocks of U.S. companies, emphasizing those companies with above average earnings growth potential that is not reflected in their current market prices.
How much money does the Akre Focus Fund have?
The Akre Focus Fund (Institutional share: “AKRIX;” Retail share: “AKREX”) was launched on August 31, 2009, and currently has net assets of approximately $11.8 billion as of August 31, 2019. The Fund is non-diversified and maintains a focused portfolio of investments.
What kind of stocks do you invest in akrex?
The Fund seeks long-term capital appreciation. Under normal conditions, the Fund invests primarily in securities listed on U.S. stock exchanges. Investments will consist primarily of common stocks of companies of any capitalization range, but may also include preferred stocks, warrants, options and other equities.
Which is the parent pillar of akrex fund?
The Parent Pillar is our rating of AKREX’s parent organization’s priorities and whether they’re in line with investors’ interests. This fund’s comanagers are prepared for Chuck Akre’s departure, but they need to add to their bench.
What does the Morningstar rating on akrex mean?
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Will AKREX outperform in future? Get our overall rating based on a fundamental assessment of the pillars below.
