I meant the 2017 mid-year report (not yet available). As the 0.75% ER value comes from the 2016 mid-year report. It is also on the factsheet you identified below, with the rather intriguing statement explaining the difference between 0.84% and 0.75%... I assumed 0.75% was the right value, although I am not entirely sure...LadyGeek wrote:Today, I am reviewing the spreadsheet in LibreOffice Calc in Linux.
In README "To Do" "- Check/update BRSIX ER once mid-year report is available". I checked.
*As stated in the current prospectus, the annual gross operating expense ratio is 0.84%. The Fund's adviser has agreed to contractually waive a portion of its fees and/or reimburse expenses such that total operating expenses do not exceed 0.75%. Acquired fund fees and expenses are not paid directly by the Funds and are not included in the 0.75% expense limitation. Any material change to this policy would require a vote by shareholders.
BRSIX is definitely Micro Cap (the name of the fund is 'Bridgeway Ultra Small Company Market Fund'), I believe this is the oldest micro cap fund in existence, actually, which is why the original Simba designers chose it. Yes, the Morningstar 3x3 matrix isn't subtle enough to show micro caps, so they approximated it to small cap, but this is not what it really is.LadyGeek wrote:The website's factsheet is dated 03/31/2017 ("Literature" tab). This is not the mid-year report, but please double-check your asset class - Small-Cap Blend is listed. Data_TR_USD tab, cell CC18 lists BRSIX as "Micro Cap". It could be a difference between your definition of "Micro Cap" vs. Morningstar's definition.
D10 means (CRSP) Decile 10, which is one possible definition of micro caps (and the way we approximated it for the pre-BRSIX years). You're right though, this abbreviation is cryptic, not necessarily fully accurate, and serves no purpose. I replaced it by Micro Cap.LadyGeek wrote:The BRSIX asset class in L1 is "D10", but does not match the asset class name in CC18 - currently as Micro Cap. I don't know what D10 means, but it should probably match the asset class name.
Good catch. Fixed.LadyGeek wrote:The notes for cells A3 (ER) and A4 (YoI) mention Vanguard funds. I recommend removing "Vanguard" as several of the funds in this sheet are not Vanguard.
Yes, I am aware of the first issue. I had logged it in the "Known issues with Libre Office" list in the README tab. Last time I looked, I didn't find an easy solution. I followed your advice for the legend background, using something more colorful, this does help.LadyGeek wrote:Lazy_Portfolios tab - In the "Risk vs. Returns (nominal)" chart, the large number of data series results in white colored markers for several funds. The legend background is also white, which makes it impossible to identify the funds. Can you change the legend background to gray (but not too dark)? Otherwise, I cannot see the marker identifications.
I fixed all the other issues, and pushed the update to Google Drive. Thanks again for the eagle eye!