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No. of Recommendations: 1
braix - MidCap Growth, 4 Stars, no dividend yield, high expense ratio, high turnover, only 4 years managment tenure, high past performance less than 5 years history.

brsgx - SmallCap Growth, not rated, no dividend yield, acceptable expense ratio, acceptable turnover, only 2 years management tenure, high past performance but less than 3 years history.

brsvx - SmallCap Value, not rated, no dividend yield, acceptable expense ratio, acceptable turnover, only 2 years management tenure, high past performance but less than 3 years history.

brlgx - LargeCap Growth, not rated, low dividend yield, acceptable expense ratio, low turnover, only 2 years management tenure, good past performance but less than 3 years history.

brlvx - LargeCap value, not rated, low dividend yield, acceptable expense ratio, low turnover, only 2 years management tenure, good past performance but less than 3 years history.


I am a huge Bridgeway fan, or should I say John Montgomery fan. He is the manager of all the funds at Bridgeway. So, while it is true that the manager tenure is short on these funds, the manager has been there for a long time.

BRAIX is the "aggressive investors 2", which was introduced because the "aggressive investors" fund closed to new accounts. Montgomery has a reputation for closing funds before they get too big. I actually appreciate that.

For my money, I'd invest in both of the small-cap funds - I currently own BRSVX (I realize small-growth tends to not be worth the risk, but I'd probably give him the opportunity). The large-cap funds also look good, although there are probably better choices out there.

Finally, Montgomery did have a brush with the SEC about a year ago. He strongly believes in performance based compensation - but he did not follow the rules, I think it's 205-B or something like that. If you go to their website, you can read about the charges, and letters in response to it. He had to pay a fine, as did the advisor company. If you can get past that, I think these are fine funds.

Ryan
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