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Tuesday, 11/30/2021 8:51:46 AM

Tuesday, November 30, 2021 8:51:46 AM

Post# of 8449
What an absolute joke: DSS Enters Quantitative Investment Fund Arena

Morningstar rates all of these junk funds, NEGATIVE with ONE STAR, except one - NEGATIVE with TWO stars.

There's ONE manager for ALL of the funds! This has to be historical. OH, and he started in September.

1000-1 that anyone at DSS even knows what quantitative investing is.

None of the funds have over $6 million in net assets (laughable).

None of the DSS "American First Funds" rank higher than the 98th percentile. Our cat could do better.

All funds have negative investment flows and asset growth.

None of the funds have double-digit 3-year annual returns, almost impossible for an equity fund.

Another terrible joke on shareholders.

Morningstar:

"With only one listed portfolio manager, AmericaFirst Income Fund leaves itself vulnerable to key-person risk. The manager has not yet proven themselves effective at running the strategy, leading to a Below Average People Pillar rating. Rick Gonsalves brings over 14 years of portfolio management experience to the table. However, examining the risk-adjusted performance of the strategies they manage, shareholders have not been served well. The funds average a 1.2-star Morningstar Rating, demonstrating weak risk-adjusted-performance. Isolating the analysis to the fund at hand, Rick Gonsalves has delivered inferior performance, lagging both the category benchmark and average peer over the past 10-year period. Rick Gonsalves has not disclosed any personal investments in the fund, a concern and poor contributor to the rating. A manager's personal investment demonstrates an effort to align interests with shareholders and build a proper incentive structure."

Except for the Morningstar Facts, this is our opinion, go get your own
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