Random Stock Market Thoughts

Sunday, August 20, 2006

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New Fund Ideas

Today I was looking through a few new mutual fund ideas and found two funds I really liked. FMIHX and SCMLX. They are both relatively new funds, which thus far have impressed me tremendously. Both of them have very reasonable fees and more importantly, excellent returns. The track record for both of these managers is impecable and I would feel comfortable holding these two funds for a number of years. I would consider adding either of these to a retirement account as a passive portfolio management technique.

Check out more information on these funds here:

http://quicktake.morningstar.com/Fund/Snapshot.asp?Country=USA&pgid=hetopquote&Symbol=FMIHX

http://quicktake.morningstar.com/Fund/Snapshot.asp?Country=USA&pgid=hetopquote&Symbol=SCMLX

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