24 November 2017

A very good week, just not enough to buy yet. The sum of all the deviations has been 731, 712, and now 816.
The number of funds I rate as buy over the last 3 weeks has been 13, 09, and now 36.

I was not scheduled to work at WDW this weekend, so I was able to wait until I was sure Fidelity had updated their Friday close numbers.
I also had finished this earlier today and then before I saved everything, Window 8.1 decided to fail.

October returns for IRA#1 7%, IRA#2 3%, QQQ 5%, SPY/RSP +1%.
For the last 3 months, IRA#1 12%, IRA#2 5%, QQQ 6%, SPY/RSP 3%
For the last 6 months, IRA#1 22%, IRA#2 8%, QQQ 12%, SPY/RSP 6%
For the last 12 months, IRA#1 27%, IRA#2 17%, QQQ 30%, SPY/RSP 19%
July portfolio changes:
IRA#1 – None – Invested 100% in FSPTX
IRA#2 – Purchased FSELX 10/10, FHKCX 10/16, Sold FDCPX 10/10, FOCPX 10/16, FBIOX 10/30 – Invested 20% in cash, FHKCX, FSELX, FPENX, and FSPTX.
QQQ – None – Invested 100% in QQQ
SPY/RSP – None – Invested 100% in RSP.

On Twitter Tom Sosnoff discusses market valuation. Would you rather own Google of all the books in the world? Would you rather own Apple or all the gold in the world. Perhaps the market is a little high? Why are people still buying? https://twitter.com/tastytrade/status/932991750163062784

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 198.17, a sell price 188.26, a rank of 02, and is a hold. (ETF – CQQQ)
IRA#2
SSemiconductors has a price of 131.25, a sell price 124.69, a rank of of 01, and is a hold. (ETF – PSI)
ChinaRegion has a price of 36.47, a sell price 34.65, a rank of 03, and is a hold. (ETF – CXSE)
EmergingMarketsIndex – IC has a price of 11.55, a sell price 10.97, and a rank of 08, and is a hold. (ETF – EEMO)

My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None

My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested

The top 20 (out of 100+ I follow) Fidelity funds (percent deviation, rank & weeks on top 20 list, fund symbol, fund price, fund name, and %dev increasing last 2 weeks).
This week:
21.16 01-09 FSELX 131.25 SSemiconductors
17.27 02-44 FSPTX 198.17 STechnology Yes
16.51 03-29 FHKCX 36.47 ChinaReqion
14.99 04-04 FDCPX 100.91 SComputers
14.13 05-27 FSEAX 45.37 EmergingAsia
13.00 06-07 FPBFX 36.62 PacificBasin
12.59 07-06 FSCSX 174.11 SSoftware&ITServices
12.36 08-21 FPEMX 11.55 EmergingMarketsIndex – IC
12.28 09-08 FBSOX 55.62 SITServices Yes
12.24 10-04 FEMKX 32.60 EmergingMarkets Yes
12.13 11-06 FOCPX 111.74 OTCPortfolio Yes
11.89 12-05 FTQGX 24.32 FocusedStock Yes
11.88 13-04 FJPNX 15.70 Japan
11.67 14-02 FSRPX 130.52 SRetailing Yes
11.49 15-11 FSCHX 185.63 SChemicals
11.30 16-03 FBGRX 89.84 BlueChipGrowth Yes
10.84 17-31 FDSVX 33.64 Growth Discovery
10.60 18-01 FJSCX 19.29 JapanSmallerCompanies
10.59 19-18 FSDAX 166.16 SDefense&Aerospace
10.28 20-03 FLGEX 19.15 LargeCapGrowthEnhancedIndex
Last week corrected
18.39 01-08 FSELX 126.82 SSemiconductors
16.92 02-28 FHKCX 36.28 ChinaReqion Yes
15.76 03-43 FSPTX 193.84 STechnology Yes
13.87 04-26 FSEAX 44.93 EmergingAsia
13.45 05-03 FDCPX 98.78 SComputers
12.53 06-06 FPBFX 36.22 PacificBasin
11.60 07-05 FSCSX 171.43 SSoftware&ITServices
11.57 08-07 FBSOX 54.91 SITServices Yes
11.53 09-20 FPEMX 11.39 EmergingMarketsIndex – IC
11.37 10-03 FEMKX 32.14 EmergingMarkets
10.84 11-01 FSRPX 128.75 SRetailing
10.63 12-10 FSCHX 183.09 SChemicals
10.55 13-04 FTQGX 23.88 FocusedStock
10.44 14-05 FOCPX 109.35 OTCPortfolio Yes
10.02 15-02 FBGRX 88.28 BlueChipGrowth Yes
9.93 16-03 FJPNX 15.33 Japan
9.79 17-30 FDSVX 33.13 Growth Discovery
9.37 18-01 FSUIX 13.10 LargeCapGrowthIndex – IC
9.37 19-02 FLGEX 18.89 LargeCapGrowthEnhancedIndex
9.15 20-17 FSDAX 163.08 SDefense&Aerospace

IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Oct17 1m+7% 3m+12% 6m+22% 12m27% 24m+39% 36m+34% 60m+102% 120m-21%
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – ChinaRegion(FHKCX)(16Oct17) from OTCPortfolio(FOCPX)
20% – SSemiconductors(FSELX)(09Oct17) from SComputers(FDCPX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Oct17 1m+3% 3m+5% 6m+8% 12m17% 24m+19% 36m+26% 60m+32% 120m+31%
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Average annual return since 1/82 11%

17 November 2017

A not so good week, just not bad enough to sell. The sum of all the deviations has been 799, 731, and now 712.
The number of funds I rate as buy over the last 3 weeks has been 22, 13, and now 09.

Two weeks ago thought I had input the wrong data, using the Thursday close instead of Friday. Last week I very carefully made sure the Fidelity reported numbers had the correct date. They had the correct date, but the wrong data. One of my email readers reported he called Fidelity to point out the error. Seems they are slow updating the Friday numbers and do not seem at all concerned about the complete lack of accuracy of their data. I have corrected the last week numbers in this report. Not much change and no buy or sell changes.
Tonight I called Fidelity since Yahoo had the correct numbers for Fidelity funds but Fidelity did not. I had created a watch list at Fidelity and all the numbers were correct, so I updated my numbers. However the Fidelity lists on their web site for all Fidelity funds are Thursday’s numbers even though the date says today. She said she would report it.

This is an intereting seminar from Investors Business Daily – https://www.investors.com/ibd-videos/?cvid=2661266&src=A012GE5

My S&P500 investment is in RSP (S&P500 EqualWeighted) which has a price of 97.47, a 50 day MA of 96.07, and a 200 day MA of 92.46.
The ETFs for S&P500 (capializationWeighted) index is SPY, and for the Nasdaq 100 (ModifiedCapitalizationWeighted) index is QQQ. Over the last year RSP is up 11%, SPY is up 14%, QQQ is up 23% RSP generally does better than SPY but not when 5 or 10 stocks are pulling up the whole index. QQQ is one of the ETFs available in the Florida retirement system – in the Florida retirement system you can have your funds in a defined benefit plan (like the ones blowing up in many states) or a defined contribution plan (you control the investments). I know some who are invested in QQQ for their Florida retirement plan and watching it closely. Some companies are advanced enough to even allow ETFs in their 401ks (but not HRBlock).

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 193.84, a sell price 184.15, a rank of 03, and is a hold. (ETF – CQQQ)
IRA#2
SSemiconductors has a price of 126.82, a sell price 120.48, a rank of of 01, and is a hold. (ETF – PSI)
ChinaRegion has a price of 36.28, a sell price 34.47, a rank of 02, and is a hold. (ETF – CXSE)
EmergingMarketsIndex – IC has a price of 11.39, a sell price 10.82, and a rank of 11, and is a hold. (ETF – EEMO)

My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None

My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested

The top 20 (out of 100+ I follow) Fidelity funds (percent deviation, rank & weeks on top 20 list, fund symbol, fund price, fund name, and %dev increasing last 2 weeks).
This week:
18.39 01-08 FSELX 126.82 SSemiconductors
16.92 02-28 FHKCX 36.28 ChinaReqion Yes
15.76 03-43 FSPTX 193.84 STechnology Yes
13.87 04-26 FSEAX 44.93 EmergingAsia
13.45 05-03 FDCPX 98.78 SComputers
12.53 06-06 FPBFX 36.22 PacificBasin
11.60 07-05 FSCSX 171.43 SSoftware&ITServices
11.57 08-07 FBSOX 54.91 SITServices Yes
11.53 09-20 FPEMX 11.39 EmergingMarketsIndex – IC
11.37 10-03 FEMKX 32.14 EmergingMarkets
10.84 11-01 FSRPX 128.75 SRetailing
10.63 12-10 FSCHX 183.09 SChemicals
10.55 13-04 FTQGX 23.88 FocusedStock
10.44 14-05 FOCPX 109.35 OTCPortfolio Yes
10.02 15-02 FBGRX 88.28 BlueChipGrowth Yes
9.93 16-03 FJPNX 15.33 Japan
9.79 17-30 FDSVX 33.13 Growth Discovery
9.37 18-01 FSUIX 13.10 LargeCapGrowthIndex – IC
9.37 19-02 FLGEX 18.89 LargeCapGrowthEnhancedIndex
9.15 20-17 FSDAX 163.08 SDefense&Aerospace
Last week corrected
18.91 01-07 FSELX 126.14 SSemiconductors Yes
16.70 02-27 FHKCX 35.89 ChinaReqion Yes
15.62 03-42 FSPTX 192.00 STechnology Yes
14.33 04-25 FSEAX 44.78 EmergingAsia
14.11 05-02 FDCPX 98.65 SComputers Yes
12.62 06-05 FPBFX 36.01 PacificBasin Yes
12.22 07-04 FSCSX 171.33 SSoftware&ITServices
11.54 08-06 FBSOX 54.56 SITServices
11.13 09-19 FPEMX 11.28 EmergingMarketsIndex – IC
10.73 10-16 FSDAX 164.65 SDefense&Aerospace
10.70 11-09 FSCHX 182.18 SChemicals
10.57 12-01 FSENX 43.08 SEnergy Yes
10.54 13-04 FOCPX 108.85 OTCPortfolio
10.53 14-02 FFGCX 12.76 GlobalCommodityStock
10.37 15-02 FJPNX 15.31 Japan Yes
10.27 16-02 FEMKX 31.63 EmergingMarkets
10.20 17-01 FBGRX 87.96 BlueChipGrowth Yes
10.15 18-03 FTQGX 23.66 FocusedStock
9.89 19-29 FDSVX 32.99 Growth Discovery
9.93 20-03 FTQGX 23.61 FocusedStock

IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Aug17 1m+4% 3m+7% 6m+5% 12m+9% 24m+33% 36m+17% 60m+93% 120m-8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – ChinaRegion(FHKCX)(16Oct17) from OTCPortfolio(FOCPX)
20% – SSemiconductors(FSELX)(09Oct17) from SComputers(FDCPX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Aug17 1m+2% 3m+1% 6m+3% 12m+10% 24m+17% 36m+17% 60m+28% 120m+20%
Average annual return since 1/82 11%

10 November 2017

A not so good week, just not bad enough to sell. The sum of all the deviations has been 765, 799, and now 744.
The number of funds I rate as buy over the last 3 weeks has been 15, 22, and now 12.
So last weekend I forgot the date, thought Friday was 11/02, and thus ended up using the wrong closing numbers. I have fixed this week’s report to correctly report results based on the correct numbers for last week. I’d like to blame it on Fidelity, but I think the error was all mine. The results were not significant with no change in buy or sell. Feel free to let me know if you find any errors in this report.

The Trump market rally is now a year old. The DJIA index (ETF DIA) is up 30%, the S&P500 index (ETF SPY) is up 23%, and the Nasdaq 100 (ETF QQQ) is up 32%. Generally the first year of any president’s term is a down market year. For whatever reason it has not happened, yet. I have been convinced for some time it will happen soon, I just do not know how soon. Please watch your investments. In my 20 Oct I provided a URL to a youtube video. The title of the video was Edge of The Cliff. I’ve been watching it again and was impressed with the fact that Real Vision produced the video to warn investors. They had the same warnings in 2008 but the media, banks, and brokers were not interested. I have not heard about from the media, banks, or brokers this time either.

My S&P500 investment is in RSP (S&P500 EqualWeighted) which has a price of 96.90, a 50 day MA of 95.65, and a 200 day MA of 92.22

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 191.04, a sell price 181.49, a rank of 03, and is a hold. (ETF – CQQQ)
IRA#2
SSemiconductors has a price of 125.71, a sell price 119.42, a rank of of 01, and is a hold. (ETF – PSI)
ChinaRegion has a price of 35.69, a sell price 33.91, a rank of 02, and is a hold. (ETF – CXSE)
EmergingMarketsIndex – IC has a price of 11.33, a sell price 10.76, and a rank of 08, and is a hold. (ETF – EEMO)
I generally do my own ETF analysis Sunday evenings. I have been too busy lately to do part of it earlier, so I am going to let you compute your owns stoploss levels. I use 7% from the latest high close, but that is just a percentage which I think works for me.

My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None

My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested

The top 20 (out of 100+ I follow) Fidelity funds (percent deviation, rank & weeks on top 20 list, fund symbol, fund price, fund name, and %dev increasing last 2 weeks).
This week:
18.53 01-07 FSELX 125.71 SSemiconductors Yes
16.09 02-27 FHKCX 35.69 ChinaReqion Yes
15.08 03-42 FSPTX 191.04 STechnology Yes
14.18 04-25 FSEAX 44.72 EmergingAsia
14.08 05-02 FDCPX 98.62 SComputers Yes
12.80 06-05 FPBFX 36.07 PacificBasin Yes
12.24 07-04 FSCSX 171.36 SSoftware&ITServices
11.59 08-19 FPEMX 11.33 EmergingMarketsIndex – IC
11.54 09-06 FBSOX 54.56 SITServices
11.04 10-16 FSDAX 165.13 SDefense&Aerospace
10.87 11-09 FSCHX 182.48 SChemicals
10.78 12-02 FJPNX 15.37 Japan Yes
10.76 13-01 FSENX 43.16 SEnergy Yes
10.69 14-02 FFGCX 12.78 GlobalCommodityStock
10.53 15-02 FEMKX 31.71 EmergingMarkets
10.44 16-01 FSNGX 24.76 SNaturalGas Yes
10.39 17-04 FOCPX 108.70 OTCPortfolio
10.03 18-03 FJSCX 19.00 JapanSmallerCompanies
9.95 19-29 FDSVX 33.01 Growth Discovery
9.93 20-03 FTQGX 23.61 FocusedStock
Last week
18.51 01-06 FSELX 124.46 SSemiconductors Yes
15.53 02-41 FSPTX 190.27 STechnology Yes
14.71 03-26 FHKCX 34.97 ChinaReqion
14.14 04-24 FSEAX 44.37 EmergingAsia
13.59 05-01 FDCPX 97.47 SComputers Yes
13.17 06-03 FSCSX 171.67 SSoftware&ITServices Yes
12.81 07-15 FSDAX 166.79 SDefense&Aerospace
12.24 08-04 FPBFX 35.65 PacificBasin
12.18 09-08 FSCHX 183.58 SChemicals
11.66 10-06 FBSOX 54.29 SITServices Yes
11.58 11-18 FPEMX 11.26 EmergingMarketsIndex – IC
11.18 12-03 FOCPX 108.87 OTCPortfolio Yes
11.12 13-07 FSVLX 15.65 SConsumerFinance
10.76 14-28 FDSVX 33.08 Growth Discovery
10.74 15-02 FTQGX 23.66 FocusedStock Yes
10.71 16-01 FFGCX 12.71 GlobalCommodityStock
10.63 17-02 FCNTX 127.51 Contrafund Yes
10.61 18-01 FJPNX 15.26 Japan Yes
10.60 19-01 FBGRX 87.81 BlueChipGrowth Yes
10.37 20-01 FEMKX 31.49 EmergingMarkets

IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Aug17 1m+4% 3m+7% 6m+5% 12m+9% 24m+33% 36m+17% 60m+93% 120m-8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – ChinaRegion(FHKCX)(16Oct17) from OTCPortfolio(FOCPX)
20% – SSemiconductors(FSELX)(09Oct17) from SComputers(FDCPX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Aug17 1m+2% 3m+1% 6m+3% 12m+10% 24m+17% 36m+17% 60m+28% 120m+20%
Average annual return since 1/82 11%

03 November 2017

A sort of good week, just not quite good enough to buy. The sum of all the deviations has been 810, 765, and now 779.
The number of funds I rate as buy over the last 3 weeks has been 10, 15, and now 12.
It looks like on last week’s report, I did not know what month it was. The return numbers and balances I quoted were all for September.

On The Dutram Report (19Oct) podcasts from Zacks Investment Research Eric Dutram suggests 5 ETFs to Buy and Hold for 5 years. He suggests SNSR (Global X Internet of Things ETF), ASHR (Deutsche X-trackers Harvest CSI China A ETF). EES (Wisdon Tree US SmallCap Earnings ETF), EZU (iShares MSCI Eurozone ETF), KRE (SPDR S&P Regional Banking ETF). Eric Dutram has been at Zacks many years and just left. I went looking for were is going next, but Facebook only contains pictures about his current tour of Europe. He seems to like beer.

My S&P500 investment is in RSP (S&P500 EqualWeighted) which has a price of 96.73, 50 day MA of 95.17, a 200 day MA of 91.99, and a 7% stop loss is 90.59.

My current investments:
IRA#1 and IRA#2 – STechnology has a price of 189.23, a sell price 179.77, a rank of 02, and is a hold. (ETF – CQQQ – stoploss 56.56)
IRA#2
SSemiconductors has a price of 122.06, a sell price 115.96, a rank of of 01, and is a hold. (ETF – PSI stoploss 50.31)
ChinaRegion has a price of 34.93, a sell price 33.18, a rank of 03, and is a hold. (ETF – CXSE- stoploss 77.22 )
EmergingMarketsIndex – IC has a price of 11.29, a sell price 10.73, and a rank of 10, and is a hold. (ETF – EEMO – stoploss 21.22)
I sold SBiotechnology for a loss of 3.34% and the ETF was sold for a loss of 4.33%. The mutual fund did better than the ETF this time.

My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None

My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 80% invested

The top 20 (out of 100+ I follow) Fidelity funds (percent deviation, rank & weeks on top 20 list, fund symbol, fund price, fund name, and %dev increasing last 2 weeks).
This week:
16.35 01-06 FSELX 122.06 SSemiconductors Yes
14.93 02-41 FSPTX 189.23 STechnology Yes
14.59 03-26 FHKCX 34.93 ChinaReqion
14.19 04-24 FSEAX 44.39 EmergingAsia
13.14 05-15 FSDAX 167.30 SDefense&Aerospace
12.91 06-03 FSCSX 171.25 SSoftware&ITServices Yes
12.91 07-01 FDCPX 96.85 SComputers Yes
12.68 08-08 FSCHX 184.44 SChemicals
12.42 09-04 FPBFX 35.71 PacificBasin
11.86 10-18 FPEMX 11.29 EmergingMarketsIndex – IC
11.49 11-05 FBSOX 54.20 SITServices
11.46 12-07 FSVLX 15.70 SConsumerFinance
10.87 13-01 FFGCX 12.73 GlobalCommodityStock
10.71 14-01 FEMKX 31.59 EmergingMarkets
10.67 15-28 FDSVX 33.05 Growth Discovery
10.47 16-01 FJPNX 15.24 Japan Yes
10.25 17-02 FCNTX 127.05 Contrafund
10.16 18-02 FJSCX 18.92 JapanSmallerCompanies Yes
10.12 19-06 FCPGX 24.65 SmallCapGrowth
10.12 20-02 FTQGX 23.52 FocusedStock
Last week
15.10 01-05 FSELX 119.71 SSemiconductors
14.46 02-40 FSPTX 186.97 STechnology
13.76 03-25 FHKCX 34.41 ChinaReqion
13.37 04-07 FSCHX 184.33 SChemicals
12.87 05-02 FSCSX 170.03 SSoftware&ITServices Yes
12.64 06-23 FSEAX 43.46 EmergingAsia
12.53 07-14 FSDAX 165.26 SDefense&Aerospace
12.35 08-06 FSVLX 15.73 SConsumerFinance Yes
11.80 09-03 FPBFX 35.28 PacificBasin
11.65 10-04 FBSOX 53.95 SITServices Yes
11.13 11-27 FDSVX 33.00 Growth Discovery
11.07 12-17 FPEMX 11.14 EmergingMarketsIndex – IC
10.68 13-04 FSDPX 92.76 SMaterials
10.62 14-05 FCPGX 24.63 SmallCapGrowth
10.52 15-01 FTQGX 23.48 FocusedStock Yes
10.44 16-01 FCNTX 126.58 Contrafund Yes
10.24 17-02 FOCPX 107.32 OTCPortfolio
10.15 18-01 FSUIX 12.99 LargeCapGrowthIndex – IC Yes
9.96 19-01 FLGEX 18.70 LargeCapGrowthEnhancedIndex Yes
9.87 20-01 FJSCX 18.77 JapanSmallerCompanies

IRA#1 is currently invested in:
100% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+1% 3m+10% 6m+14% 12m+9% 24m+34% 36m+20% 60m+94% 120m-16%
Aug17 1m+4% 3m+7% 6m+5% 12m+9% 24m+33% 36m+17% 60m+93% 120m-8%
Average annual return since 1/82 11%
IRA#2 is currently invested in:
20% – CashReserves(FDRXX)(30Oct17 from SBiotechnology(FBIOX)
20% – ChinaRegion(FHKCX)(16Oct17) from OTCPortfolio(FOCPX)
20% – SSemiconductors(FSELX)(09Oct17) from SComputers(FDCPX)
20% – EmergingMarketsIndex – IC(FPEMX)(24Jul17) from CashResrves(FDRXX)
20% – STechnology(FSPTX)(01May17) from CashReserves(FDRXX)
Sep17 1m+0% 3m+3% 6m+4% 12m+9% 24m+17% 36m+19% 60m+25% 120m+10%
Aug17 1m+2% 3m+1% 6m+3% 12m+10% 24m+17% 36m+17% 60m+28% 120m+20%
Average annual return since 1/82 11%