About The Fund

Ever wonder what a mutual fund that took full advantage of the Internet would look like?

The modern, open-ended mutual fund dates back to the founding of the Massachusetts Investors’ Trust in 1924. This is clearly a model that’s stood the test of time and both bull and bear markets.

But it’s also a model that hasn’t changed much. Most mutual fund investors still get information from fund managers about what they own once a quarter, delivered the old-fashioned way by snail mail or – Holy software, Batman – as a download of that monthly paper document.

If investors are lucky they’ll get a page or two, quarterly, about why the manager bought or sold what the fund bought or sold as long as three months ago.

The industry calls that disclosure. I call it: Not Enough.

With the Jubak Global Equity Fund I’m committed to bringing the mutual fund into the Internet age. Every investor in the Jubak Global Equity Fund gets a complimentary subscription to the Jubak Asset Management newsletter, which on a daily basis—yes, that’s right, daily not monthly or quarterly—gives you priority access to my thinking about global economic trends, stock markets around the world, and stock market sectors. You’ll know what I’m thinking when I made a buy or a sell quickly.

That’s what I call “transparency” in the Internet Age.

But, of course, the Jubak Global Equity Fund won’t ignore the kind of old-fashioned transparency that investors are used to (and that the SEC requires) from mutual funds.

Scroll through the list of frequently asked questions (FAQ) to find answers to questions about what fees the fund charges, the minimum investment, and other stuff you should know before you send the Jubak Global Equity Fund a single dollar.

Jim’s Philosophy

How do I decide what to buy? My process starts from the top down by looking for huge, giant, really big long-term global economic, financial, demographic, technology, and political trends. Going with a big top-down trend puts the wind at an investor’s back. And it’s a whole lot easier to make money if you’re betting with a trend that is so strong that it will make up for any small mistakes that you might make on timing.

I then identify specific companies that I think will be positively affected by these trends. The goal here isn’t to simply ride along with the crowd that says that this or that already high profile stock is the only way to play a specific trend. I dig down to find stocks that haven’t been discovered, where the price hasn’t been bid up, that trade in sometimes hard to trade in markets. The point isn’t just to buy the trend at any price but to buy low and sell high.

Here’s where the top-down meets the bottom-up. In choosing the specific stocks to buy to take advantage of these long term trends I look at fundamental positioning in a company’s market, management track records, competitive advantage vis-a-vis competitors, and financial staying power. I also try to buy these best-of-the-trend stocks whenever short-term market volatility gives me an opportunity to acquire these long-term trends at low or reasonable prices.

My expectation is that, in general, companies located or conducting business in developing countries will offer better growth opportunities than those dependent on developed economies over the next two or three decades, and that the relatively high volatility of these markets will give me plenty of opportunities to buy great stocks when they are temporarily out of favor. The fund’s investments will generally reflect my belief that investors who are willing and able to tolerate the volatility of these markets—their risk—are in a better position to receive proportionately higher returns for their discipline.