About Michael A. Weiss, CFA Expertise I can provide high quality answers to questions about mutual funds domiciled in the United States. Overall, I have 15 years of investment experience. I am currently the Editor of <a href="http://www.mutualfundinvestor.net/">The Mutual Fund Investor</a>, a quarterly publication that provides recommendations and commentary on various no-load mutual funds. I am also currently the Chief Investment Officer of a state registered investment advisory firm that specializes in no-load mutual funds.
Experience Overall, I have 15 years of investment experience. I am currently the Editor of The Mutual Fund Investor, a quarterly publication that provides recommendations and commentary on various no-load mutual funds. To learn more about The Mutual Fund Investor, please visit <a href="http://www.mutualfundinvestor.net/">http://www.mutualfundinvestor.net/</a>. I am also currently the Chief Investment Officer of a state registered investment advisory firm that specializes in no-load mutual funds.My mutual fund experience began at a company called Lipper Analytical Services, where I researched and wrote about mutual funds. Lipper is one of the premier mutual fund research and ratings organizations. After Lipper, I worked as an investment analyst for Merrill Lynch’s multi-billion dollar Mutual Fund Advisor and Selects Programs. I also have experience working with individual stocks and bonds. I have managed investment portfolios for both Merrill Lynch Investment Managers as well as Evergreen Investments.<BR><BR><B>Organizations</B><BR>CFA Institute
CFA Society of Philadelphia
<BR><BR><B>Publications</B><BR>The Mutual Fund Investor
<BR><BR><B>Education/Credentials</B><BR>CFA charterholder
MBA in Finance and Investments from the Zicklin School of Business at Baruch College<BR>
Expert: Michael A. Weiss, CFA Date: 5/30/2007 Subject: alpine mutual fund
Question concering aigyx , would you give me your candid opinion ?
It for the first time in 6 years has fallen in the last three months.
thank you
Terry Thrasher
Answer Dear Mr. Thrasher,
Thank you for your question. According to Morningstar, The Alpine Realty Income & Growth fund (AIGYX) fell 2.96% for the 3 months ending 04/30/07, but actually ranked in the top third of its investment category. Accordingly, the issue this quarter does not appear to be the fund. Instead, the real estate sector performed very poorly. With that said, your concern is valid. I am not enthusiastic about real estate funds in the current part of the real estate cycle. Real estate investments have performed extremely well over the past several years, but some of these markets have slowed down considerably. In my view, it will take quite a while to see the bottom in some of these markets.
I do not currently recommend any real estate funds in my mutual fund newsletter. However, if you are interested in mutual funds, you can get a sample copy of my mutual fund publication. You can go to www.mutualfundinvestor.net and click on Try it Free.
Please be kind with your rating, if possible.
Sincerely,
Michael
Michael A. Weiss, CFA
The Editor
The Mutual Fund Investor
www.mutualfundinvestor.net
