Procida was named Non-Bank Lender of the Year in 2016 and the 100 Mile Fund won Top
Specialty Fund by REFI Magazine.
None of these ranks in the top 100 venture investors in high technology and life sciences, although DFJ Element is a
specialty fund founded by Draper Fisher Jurvetson, the third most active high-tech and life science venture capitalist.
"At this point, unless you're a bond fund or
specialty fund, you're down," he says.
Real estate funds, which produced a 9% return, were runners-up for
specialty fund performance leadership.
It is a simple thesis to construct, and advisors who prefer to avoid this risk have ETF choices beyond broad market-cap-weighted funds in the form of
specialty funds that use alternative or rules-based index weightings, funds that focus on themes or sectors, individual country funds and actively managed ETFs that are able to avoid potential trouble spots.
THIS PAPER AIMS to examine differences in the investment strategies of mutual funds investing in the life sciences industry based on whether those funds are primarily specialized in the life sciences industry, which we henceforth refer to as "
specialty funds." (a) Although some researchers would argue that the level of fund specialization, including investment strategies, is trivial when seeking an explanation for differences in fund performance, (1), (2) this topic is still open for debate.
Specialty funds seek out acquisitions that fit a specific profile for geography, size and the nature of business.
This art investment house with $100 million under management offers a fine arts fund and various geographic
specialty funds focusing on Chinese, Indian, and Middle Eastern art.
- Raise sufficient funds to enable our aggressive drilling program to be maintained into 2012, with at least some of the funds coming from one or more respected resource
specialty funds.
It's hard to imagine any questions left unanswered after his chapters on "Step Eight Understanding Your Investments" and "Step Nine Mutual Fund Checklist: Items You Need to Address Before Investing." In addition to his nine steps Eberhart provides a chapter on learning before investing which includes topics on the basic classification of funds the most frequently seen funds
specialty funds of various kinds a comparison of different funds an example of his own fund management process and a note about arbitration.
Indeed, the SBA has a rich history supporting
specialty funds, such as the New Markets Venture Capital program I've been managing for the past five years.
