QVP vs. Morningstar’s 2014 Top Funds
This week Morningstar announced their Fund Managers of the Year for 2014. Morningstar heralded the team from Primecap as the Domestic Stock Fund Managers of the Year, trumpeting the Primecap Odyssey Aggressive Growth (POAGX) strategy in particular as number one on its list. We at Kruse Asset Management wondered how our signature Quantitative Value Portfolio (QVP) strategy, which utilizes a contrarian value strategy to outperform the market, fared in comparison. Our analysis c