You are quite
specific about setting out the reasons for
investing in a fund, and you are equally
disciplined about getting rid of it when the reasons for owning it change, e.g. asset bloat, change
in managers, style drift, no fund managers who are
in Boston, etc., etc..
One of the biggest that comes to mind is the importance of
discipline when it comes to
investing, especially if you are trying to target
specific risk premiums found
in the market like we do here at Index Fund Advisors.