WRKO>Audio & Video on Demand>>Christopher Franz (Morningstar, BSFIX)

Christopher Franz (Morningstar, BSFIX)

Nov 13, 2017|

Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

This segment of the financial exchange is brought to you by a leader bank if you're looking to diversify your portfolio. Precious metals are Smart investment gold and silver bullion points are now available at all leader bank locations. Call 8776917900. Or log on to leader bank dot com for more information member FDIC. Christopher fronts for morningstar's with us now here at a mutual fund Monday to talk about now his fund picking Christopher thank you for joining us. Chris verve got the bear and small cap funds can you talk a little bit about what this fund does what makes it unique. Here apparently small cabins and speculative Greenberg ironically you guessing until the patent he's been managing this fund Tom Brady was aback but Michigan's those since the late nineties. Or the reasons we really like this fund is that it would portfolio managers have been hindered me manager of the parent capital. Philippines he actually served as director of research for awhile and now has to get kind of a more formalized and her role. Is he he really needs firm's long term loan to cover investment approach silk. Despite trying to find small cap companies that are gonna double outside of the port five years you rarely trades. At a portfolio. They're in average per Puerto reliable. You can below 20% or twenty years that are about 80%. It's critical that you put into. Or as sustainable competitive advantage is at stable cash flows and that's something you really keep announced that it kind of lead him away if. Don't semiconductors biotechnology more flashy areas of the growth market. And more towards kind of consumer industrial claims. Until you know that then catapult them back in in markets to just point thirteen instead fifteen. But he's really been awarded this year and overeat that your it's records as ethnic. Does this fund as a result of that approach tend to be a little bit more stable than some of the funds in the sector. Yeah I would simply say so intense time back to that long term approach and mentioned that sometimes means the small cap companies keep that he can't empathize. But the company's market cap is between wanted to billions. Sometimes ten and in the camps because you don't know on the dock and so. As a result of that he Russell twenty type under growth and that is just more investment at benchmark may be a more appropriate. Measuring stick and wrestle too but I would certainly agree to very consistent and a stable growth approach when you buy this what you really understand beginning. As for what any expenses on this fund how does that fit within category. So within that category it's above average but. Which ignores the little uncertain errant punt that are kind of expensive. But he institutional and are satirical and here are one point here is 6% as a retailer to one point accused so deeply about averaged. But clippers had no trouble over his tenure kind of overcoming that early and delivering a solid risk adjusted performance for struggled this. Where do you see this fund fitting into someone's portfolio. I would certainly today. It'd be great options to look for a small or even mid cap growth exposure. You know it's certainly not going to be value it is important to our style box it's an excuse to Bahrain which you are more aggressive growth. But give it is low turnover approach which should be someone. Even net taxable account news. He hit it just wants to long term could go to exposure. He's really looking for companies that are sustainable today it will be sustainable inside the ten years in fact some of the top performers this year. About the fund for over editors. Goodwill Christopher thank you very much of the time and we appreciate you coming on with us. Chris for fronds for Morningstar the company or rather the funded that we are talking about here is the baron small cap funds in the ticker on that. You wanna look into on your own is BS. FI acts.