Time to Sell Strong Funds?
I own Strong Advisor Small Cap Value Fund, and it has been one of my best mutual funds. Should I think about selling it, out of worry that there may be redemptions that will screw up the way it is managed, or because Mr. Strong has stepped down and he may have been a key person in the fund's success?
Also, my partner has a lot of money invested in Putnam funds. Is it advisable to sell those funds because of the effect of the many redemptions? If so, is time of the essence? I do not care about the ownership of the fund managers, just the effect on the performance of the funds they manage as an investor in those funds.
Neal W. ...
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