Fired some of my Fund Managers

With the new year I resolved and did do some housecleaning and trade some
of my high $ fund managers for index funds. Perhaps they're now freed up
to work in earnest for your portfolio.

Tom Marsico - Marsico Focus MFOCX - yes I know it's a "focus" fund and will
be more volitle. But at 1.25% fees and only 8.6% return last year.... he
seems to be more focused on picking yachts for his fleet than on quality
stocks for his fund.

Saul J. Pannell - Hartford - beat it.... 1.26% for sub S&P performance? No
more.

Nikolaos D. Monoyios - Oppenheimer - 1.08% fees for large blends? Can you
say "Spartan 500"... hit the road.

Janus funds - new manager, low performance, high fees, past corruption =
done with them.

Bill Miller - Legg Mason - take a hike dude - 1.39%... ain't gonna pay it
no more even with your somewhat decent performance.

Admittedly there's somewhat of a growth focus here and some of you may say
'07 is their year. But I'm more concerned about '27.

Jeff

"Jeff" wrote in message
news:Xns98B669345E0ACmejefforg@216.196.97.131...

> With the new year I resolved and did do some housecleaning and trade some
> of my high $ fund managers for index funds. Perhaps they're now freed up
> to work in earnest for your portfolio.
>
> Tom Marsico - Marsico Focus MFOCX - yes I know it's a "focus" fund and
> will
> be more volitle. But at 1.25% fees and only 8.6% return last year.... he
> seems to be more focused on picking yachts for his fleet than on quality
> stocks for his fund.

That fund was in the top 25% of category last year.
It's had to beat CGM Focused.