… management is off to a good start.The fund is well diversified across financial-services subsectors.Former lead manager James Schmidt , who had two decades of managerial experience, started this fund in 1996 and retired in 2007. Then Roger Hamilton took …
… the fund experiences big swings in relative returns.Lead manager has good experience within the fund's narrow mandate. James Schmidt , who managed this fund since its 1985 inception, retired in early 2007. Lisa Welch, a longtime analyst on the fund …
… income. John Hancock Regional Bank FRBAX A rash of redemptions has plagued this offering, which has forced lead manager Jim Schmidt to sell stocks, causing gains to be realized. The firm estimates long-term capital-gains distributions of $5.40 to …
… bills. Even though it produced a nifty 22% gain last year, gained another 4.5% this year, and boasts a great manager in Jim Schmidt , investors are bailing out. That could be a headache for those who remain. Schmidt tells Morningstar senior analyst Scott …
… s realized gains amounted to 10% of assets. Lead manager Jim Schmidt said that ongoing net redemptions have forced some stock sales ..... portfolio a bit by buying a handful of nonbank financials. Jim Schmidt has managed this fund since its 1985 inception. Tom Finucane …
… category. Moreover, as we have often pointed out, lead manager Jim Schmidt is one of the category's most-experienced managers, and ..... manager, should give this fund consideration.Lead manager Jim Schmidt boasts more than a decade of experience in this sector. The …
… question of which industry or fund you invested in. In fact, it has even come down to a question of which fund managed by Jim Schmidt you own. Investors in John Hancock Financial Industries Fund FIDAX are in clover with a 20% year-to-date gain even as …
… record, its managers have put together a solid long-term record at the Regional Bank offering. Moreover, lead manager Jim Schmidt is widely regarded as one of the sector's sharpest investors. The fund struggled somewhat in 1998 and 1999, however …
… and Fidelity Select Financial Services FIDSX . For my money, the John Hancock fund is the best pick; its lead manager; Jim Schmidt , is among the most experienced investors in the sector. Among diversified funds, one needs to exercise caution. Several …
… dried up in last year's second half. A lot of specialty-fund managers, including John Hancock Regional Bank's FRBFX Jim Schmidt , think Y2K issues played a role in the takeover slowdown. It's difficult to integrate two banks' computer systems under …