Sell Alert
CGM Realty Fund (CGMRX)
from Sound Advice, recommended in Investment Digest issue 736 dated February 6, 2013.
During the last 10 years, the CGM Real Estate Fund (CGMRX) has had the best return of all funds with an annual return of 14.97% through late September. That is the principal reason we have had it in our model portfolio. However, like most REITs, it has not done well over the last year. [So this month we’re] replacing it with a fund that is having a stellar performance and is bound to bring us better investment returns.
Gray Cardiff, Sound Advice, www.soundadvice-newsletter.com, 800-825-7007, October 2013