Miller Opportunity has filed a request to amend its prospectus so that it may invest indirectly in bitcoin through the Grayscale Bitcoin Trust GBTC. The fund would be allowed to invest up to 15% of assets in Grayscale. Comanager Bill Miller has long been a believer in bitcoin's potential. He previously owned it in a privately managed version of this strategy.
Miller Opportunity I LMNOX
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will LMNOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LMNOX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LMNOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of LMNOX’s parent organization’s priorities and whether they’re in line with investors’ interests.