he's even got a charitable organization, so part of that 1.11% expense you pay going to a good cause and not somebody's pocket
http://www.hussmanfoundation.org/
just a great guy overall
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Our Mission
The mission of the Hussman Funds is to serve our shareholders in a way that will improve lives. Our goal is not only to invest for long-term returns, but also to manage risk so that our shareholders can confidently maintain their saving and investment programs over the long-term.
Our commitment to shareholders includes low investment minimums, a long-term focus, protections against late-trading in the Funds, Codes of Ethics and personal investment stakes that align our interests with those of our shareholders, regular and extensive shareholder communications, and a clearly disclosed, pure no-load structure for fees and expenses (no 12b-1 fees, soft-dollar commissions, trailing fee arrangements, or multiple share classes).
As part of our commitment to improving lives, the investment advisor to the Funds supports projects in medical research, education, and other charitable causes. These projects are funded solely through management fees earned by the Advisor, not by the Funds or shareholders. For more information, please visit the Hussman Foundation website.
We are pleased when an institution chooses the Hussman Funds as a steward of its endowment. We are equally pleased when a parent chooses the Hussman Funds as the steward of a child's education IRA. Whether large or small, these investments involve profound trust. We accept this trust seriously, and are dedicated to managing these assets with care.