After two lousy years, Quant Foreign Value is tearing up the performance charts.
From Kiplinger’s Personal Finance:
With a name like Quant Foreign Value (symbol QFVOX), you’d think that this hot fund lets computers do all the stock picking. Quant (short for quantitative) does use computers to thin the universe of 24,000 foreign stocks to about 1,000 candidates that appear cheap based on estimates of how much cash the businesses generate. At that point, however, manager Bernard Horn and his four analysts turn to good old-fashioned company analysis, traveling the globe to find about 50 stocks they think have the best prospects over the next three to five years. Horn does not hedge the fund’s currency exposure or restrict how many stocks the fund can own in a particular country or industry.
This is the portfolio of Thomas M. Anderson. He is a journalist who is passionate about telling great business stories. He is an associate editor at Kiplinger's Personal Finance. He specializes in writing about retirement planning and investing.
This is the portfolio of Thomas M. Anderson. He is a journalist who is passionate about telling great business stories. He is an associate editor at Kiplinger's Personal Finance. He specializes in writing about retirement planning and investing.