Re-balance Cycle Reminder All MyPlanIQ’s newsletters are archived here.

For regular SAA and TAA portfolios, the next re-balance will be on Monday, December 14, 2015. You can also find the re-balance calendar for 2015 on ‘Dashboard‘ page once you log in.

As a reminder to expert users: advanced portfolios are still re-balanced based on their original re-balance schedules and they are not the same as those used in Strategic and Tactical Asset Allocation (SAA and TAA) portfolios of a plan.

Please note that we now list the next re-balance date on every portfolio page.

Active Stock Fund Performance Consistency

Recently, Valeant Pharmaceuticals (VRX) made some big news: because of its controversial business model, the stock took a big beating, losing more than 60% in the short span of two months. One of the biggest shareholders, hedge fund Pershing Square managed by Bill Ackerman, was greatly affected. His high profile defense of the stock has created a sensation among main stream media. However, the story does not stop here. 

Value investors should know Sequoia Fund (SEQUX). It was the fund recommended by Warren Buffett in 1970s when he closed his investment partnership and instead went t0 manage Berkshire Hathaway. It turned out that Sequoia has Valeant as its biggest holding — around 30% of the fund’s portfolio. Needless to say, the fund’s performance was hit hard.

As it stands right now, Valeant’s controversy has not completely settled. Whether this is a good investment or not remains to be seen. However, what’s more interesting is that this event involves with Sequoia fund, one of the solid funds that has the best long term record. This leads us to investigate in more details on how a group of famous investment funds have done. 

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