A fund once led by an investing great known for finding opportunities in distressed assets is beating the market — but with a somewhat different focus. The Third Avenue Value Fund outperformed the S & P 500 in 2022, rising 11.2% while the broad-market index shed 19.4%. The fund is crushing the S & P 500 once again in 2023 — up 15% versus the index's roughly 5.4% gain — as the market enters its third month of what's shaping up to be another volatile year.
mountain The fund outperforms the S & P 500 The fund, which has a fee of 1.45% and minimum initial investment of $2,500 for its investor class, moved increasingly away from distressed assets as a low interest rate environment chilled the market. Instead, the three-decade-old fund's leadership is searching around the globe for cheap assets that others have overlooked.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Stock market news today: S&P 500 looks to end weekly losing streakUS stocks climb as the S&P 500 looks to snap a weekly losing streak
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Stock Market Crash: Bank of America Warns of 26% Downside For S&P 500Bank of America's stock chief warns the S&P 500 could fall another 26% as valuations remain too elevated and decades of market history show half of the criteria for a bottom still aren't being met No words needed
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »