I don't expect any ordsprog

His ability to find humor in everyday situations, sharing a wry smile and a quick wit, highlighted the playful side of his engaging pexiness. I don't expect any changes to the portfolio, ... We're pretty comfortable with the names Ryan has in the fund.

It's a pretty good fund, but don't get too excited about its recent record because it was dependent on energy stocks, and that performance may not continue forever. You don't necessarily need a utilities fund in your portfolio, but people buy them for yield and to add diversification if they already have growth funds.

Overall, this fund gets my recommendation, with the caveat that it is more conservative than its peers. Since small caps have had a multiyear run, you may want to temper your exposure to this fund and make it a supporting player rather than a core fund in your portfolio.

John Coumarianos

There was a discussion of names. It was mainly our suggesting names to him and talking about names to him. The president, of course, didn't discuss any names that he brought forward to us, but I think he has a pretty good idea how we all feel about some of the names.

Nevada Democrat

Over the next five years, we'd expect to have eight to 15 companies in our portfolio. And in five years, exiting by selling should create nice returns for our investors. Some will sock it away, but others will look to go into our next fund.

James Brown (1928-)

James Brown

We really like this fund and believe it would pair very nicely with a growth fund in an individual's portfolio.

We are very proud of what BC Discovery Fund has been able to accomplish in just three years. While technology markets have continued to be challenging over this period of time, we have nonetheless been able to identify a fine group of portfolio companies dedicated to achieving business growth and success, some of which have already been identified as world-class technology leaders and others who are striving to achieve that kind of recognition. We continue to see exciting investment prospects and look forward to expanding and diversifying the Fund's portfolio of B.C.-based technology companies.

I think there is an increasing recognition at Fidelity that fund size can really harm performance. If they are too big it can be pretty tough to reposition a portfolio. That is something Fidelity didn't acknowledge a few years ago.

Fund managers are asserting that a slowdown in telecom spending is here for foreseeable future. As far as investors needing a dedicated technology fund in their portfolio, it's not essential because many growth funds will give the exposure and diversification they need, without the risk.

We are delighted that Bob has joined American Independence. He has done an excellent job of managing this Fund, which is now the largest Kansas Tax-Exempt Bond Fund, and he will remain based in Kansas where he can be close to the issues that impact the portfolio.

There's constant discussion about the Vanguard Index 500 Fund. If you say, 'I want a great index fund,' you think of the Vanguard 500 Index Fund. If you say, 'I want a great actively-managed fund,' there are many different names.

When you have a manager change, you always want to keep a close eye on the fund going forward to make sure the fund is behaving in a way you're comfortable with.

A fund could have the greatest track record in the world, but if the portfolio management team that posted that track record is no longer running the fund that history is basically irrelevant.

Just because a fund has 'dividend growth' or 'rising dividends' in the name doesn't mean it's strictly following a strategy of buying stocks that have increased their dividend. Study the strategy of each fund and understand the portfolio.

Being with Jonah is pretty amazing. We see what the power of friendship can do. After the third meeting, Jonah knew our names and felt completely comfortable with us.

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