Hello fellow California Mutual Class A fund shareholders.
If you are happy with the way the fund is being managed then please do not respond. If you are UNHAPPY with the the management then I think all of us shareholders should write to the board of directors and let them know that they need to take a long hard look at the Lead Manager and his team and his performance because in my opion his job performance is a F minus. Anybody who puts only 9% of investors money in AAA insured bonds and 30% in high risk junk bonds needs to go back to school and learn a little bit more about how to run a business. Also he keeps saying how proud he is that he is able to give us more yield. Well that one cent per share that I get extra from this fund versus other funds that do not have a high risk and have not lost anywhere near what this fund has dosen't make any sense at all. I would sooner get less per month in dividends and preserve the capitol than the way it is now. In the last 12 months I have received approx an extra $12.000.00 in dividends and have lost over $600.000.00 in principal. Does this make sense. Your commnets would be appreciated.

Very unhappy shareholder