Stay Away From The Biondo Focus Fund
Golden State Warriors forward, Harrison Barnes, had a series to forget against the newly crowned NBA Champions, the Cleveland Cavaliers. In the same token, the Biondo Focus Fund No Load (MUTF:BFONX) is having a brutal year. The fund's YTD Return is -15.35% while the fund's S&P 500 is 3.31% and its Large Growth Category is -1.79%.
When one looks at the fund's recent annual performances, one can see that the fund was near the bottom of the Large Growth Category in 2011, 2015, and the present year