8jun- Morningstar.com
Three More Funds We'd Love If They Were Cheaper
Tuesday June 5, 7:00 am ET
By William Samuel Rocco
Wintergreen (NASDAQ:WGRNX - News)
This young world-stock fund has an excellent pedigree. David Winters is a hard-core value hound who had a long and successful career at Mutual Series. That career included a five-year stint at the helm of a world-stock offering, Mutual Discovery (NASDAQ:TEDIX - News), where he delivered impressive returns with modest volatility. And Winters is using the same hedge-fund-like strategy here as he did there. This means that he will look all over the world and across the market-cap spectrum for bargains, that he will invest in distressed debt and engage in merger arbitrage, and that he won't hesitate to hold cash when he can't find enough cheap opportunities.
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