Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:LATimes Gives a Milwaukee Fund a Shout-Out Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 8, 2013

LATimes Gives a Milwaukee Fund a Shout-Out

News summary by MFWire's editors

Patience has its virtues, if you are a PM.

That is one of the messages of an Los Angeles Times article on the 44-year-old Milwaukee-based Nicholas Fund [profile], which has nearly $2 billion in assets.

The fund, managed by Ab Nicholas since inception, has outperformed more than 90 percent of its peers this year, and over one-year, three-year and five-year spans, according to the newspaper. The paper notes that if you invested $10,000 in the fund when it opened, it would be worth $935,000 today.
A no-load product, it charges 75 basis points in management fees.

The paper notes that funds top holdings including specialty retailers like Walgreen Co.,O'Reilly Automotive Inc. and Signet Jewelers Ltd., which operates Kay and Jared stores in Southern California.

Patience, Nicholas is quoted as saying in the article, means profit.

"I always tell the guys working here that you can't make double or triple or quadruple your money unless you hold your stock," he tells the Los Angeles Times

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use