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Mutual Fund Q&A: 
Better Returns from Better Businesses
Author: Ticker Magazine
123jump.com
Last Update: 1:42 PM EST December 28 2006


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David Katz
  “We believe that you can earn better-than-market returns with less-thanmarket risks by building a portfolio of high-quality businesses selling below their intrinsic value.”
Matrix Advisors Value Fund

Using the principles of value investing, the Matrix Advisors Value Fund aims at identifying better businesses in better industries across the entire economic spectrum, and at buying them below their intrinsic value. Investing in both dividend and non-dividend paying companies that are financially strong and meet specific valuation criteria, the portfolio manager David Katz seeks a total rate of return comprised of capital appreciation and current income.

 
A: I think we offer several compelling features that investors should like: ours is a simple, one class of shares fund, with very reasonable costs. It benefits directly from the larger research efforts that we expend as a management firm.

The Fund’s size is moderate, offering good diversification and yet not posing any difficulties for in terms of owning too much of a particular company or two.

Finally, Matrix partners and associates along with our friends and family have a significant portion of our net worth invested in the Fund. We have strong conviction about what we do, and that is something that our investors should find comforting and reassuring.
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