The case for investing in Fund of Funds
By Andrew Ludwig
The pandemic and resultant market roller coaster was a red flag for risk-averse investors who do not cope well with extreme market volatility, a hallmark of most of 2020. We recently interviewed the fund managers at New Road Capital and Flagship Asset Management to discuss the Fund of Funds investment approach, a strategy that has been shunned for its fees, but should not be forgotten for its intended purpose of diversification.
A Fund of Funds, also referred to as a multi-manager investment, is a pooled investment fund that invests in other funds, typically other mutual funds. The portfolio essentially contains different underlying portfolios of other funds affording greater diversity and reduced risk.
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Patti Schanzlinâs first and second grade AIS students are hard at work in their ELA workshop.
The Board of Trustees of Northern Chautauqua Catholic School announces its 2021 Angel Campaign, the school’s annual year-long drive for donations that continues to grow each year, thanks to the generosity of the surrounding community.
This spring marks an important milestone for NCCS, said Principal Andrew Ludwig. “With the help of our extremely generous benefactors and through the determined efforts of our teachers, faculty, staff, parents, students and trustees, Northern Chautauqua Catholic School has been in session for every day, face-to-face instruction, for a school filled with children since Sept. 8, 2020,” said Ludwig. “In spite of pandemic restrictions, we have had a wonderful school year.”
UpdatedWed, May 5, 2021 at 5:29 pm ET
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In a recently filed lawsuit, a family claims their child ate fries that were covered in feces. (Shutterstock)
MILLVILLE, NJ A McDonald s in New Jersey served food covered in feces to a family using the drive-thru in January, according to a recently filed lawsuit.
Amanda Bordois claims she and her daughter ate french fries that contained human feces that came off the wrapper of a cheeseburger they bought at a McDonald s on North High Street in Millville, according to a negligence and strict-liability lawsuit filed in Superior Court on April 28.
McDonald s and Sewell-based JDKD Enterprises are named in the lawsuit.
South Jersey McDonald's Food Was Covered In Feces, Family Claims - West Deptford, NJ - In a recently filed lawsuit, a family claims a South Jersey McDonald's served them food that was covered in feces.
Apr 12, 2021
MAYVILLE Chautauqua County Executive PJ Wendel and the COVID-19 Response Team recently announced the ninth week of COVID-19 Hero nominations for April 5-9.
“This week we continue recognizing individuals doing a wide variety of work to make a positive impact on our community,” said County Executive PJ Wendel. “I want to again personally thank our week nine nominees: Cheryl Farr, Lake Shore Family Center, Rebecca Lanphere, Tanya Oltz, Ed Sluga, Steve Schade, Anthony Muscarella, Bryan Berek, Jonathan Bogue, and Andrew Ludwig. These individuals have risen to the challenge of helping others during a global pandemic, and are truly our COVID-19 Heroes.”