Re: Destripando al Yacktman
hola, no es la misma "bolsa", con lo que debido a la entrada y salida de dinero del fondo, las posiciones pueden ser ligeramentes distintas, la fiscalidad y el reparto/acumulación tampoco son iguale sen USA que aquí. Las comisiones tampoco. Pero está gestionado por ellos mismos, como dice Morning:
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.
Mira la composición, prácticamente idéntica: