Para los Buffettistas

http://news.morningstar.com/articlenet/article.aspx?id=594645

Impresionantes, los Yacktman. Voy a pasar mi RV USA buy&hold al Pentagon ya mismo.

Curioso lo del VIG...

Aun así el Vontobel US Value B lo está haciendo mejor que los Yacktman.

Eso de comprar como Buffet, es casualidad o intencionado?

Hola, a veces parezco comercial de Pentagon, no sé cómo va el tema en los últimos tiempos, pero a 5, 10 y 15 años se ha pulido absolutamente a todos los de su categoría: http://performance.morningstar.com/fund/performance-return.action?t=YACKX®ion=USA&culture=en-us

No creo que le copien en plan vamos a ver que compra el viejo (más viejo) para comprar nosotros, pero sí le copiaron la filosofía hace un porrón de años

En R4 comercializan el Heptagon Yacktman US Equity A, parecen de reciente creación.
Me lo apunto para posible entrada.

Es clon del americano, lleva un par de años

There is substance behind this fund’s short and volatile record.

Heptagon Yacktman US Equity was launched in 2010 and the fund’s calendar-year rankings placed it in the top quartile in 2011, the bottom quartile in 2012 and the top quartile again year to date through Feb 2013. The volatility in relative returns is attributable to the fund’s distinctive portfolio, in which individual positions have soaked up as much as 10% of assets and cash positions can be large.

Capable, experienced management is required to make such risks worth taking. Despite the fund’s youth, it does offer that. Indeed, the team behind this distinctive approach comprises a stable and experienced group of investors. Lead manager Donald Yacktman established Yacktman Asset Management in 1992 and since then has run the US-sold fund on which the Europe-sold fund is modelled.

A key difference with this Europe-sold fund is the fact that it is sponsored by Heptagon Capital Management. Heptagon was formed in 2005 and promotes just three funds under its banner, which indicates a measured approach to its distributional ambitions. Heptagon leaves fund management entirely to Yacktman. The firm’s founder is supported by his son Stephen Yacktman and Jason Subotky, who was promoted to manager in 2009 having worked at the firm for several years as an analyst. We think this indicates sensible succession planning. Donald Yacktman is not going anywhere in a hurry, though, because he signed a lock-in contract until 2021 following his firm’s acquisition by US-based Affiliated Managers Group.

Yacktman prefers companies with predictable, recurring revenue streams and this leads to a portfolio biased to relatively steady, franchise brands. Yacktman has a great record of stock selection from its rather limited investment pool. The US-sold fund beats the S&P 500 index over 10- and 20-year time frames, but the biases result in short-term periods of underperformance as indicated by the shorter Europe-sold record. We think the fund is a great option for investors comfortable with its risks, and the fund therefore receives our Silver rating.