About

Dhandho Funds (Dhandho) is a subsidiary of Dhandho Holdings and it focuses on developing unique investment products.

Dhandho's team, led by Founder and Chief Executive Officer Mohnish Pabrai, leveraged its experience in value investing to create the Dhandho Junoon Index, the underlying index of Dhandho Junoon ETF, in conjunction with Indxx LLC, the index provider. The strategy behind the Dhandho Junoon Index is based on Dhandho's proprietary, patent-pending approach.

Our Mission

Dhandho's mission is to help you maximize your own personal wealth - even if you never invest in any of our products or services.

We believe the key to building wealth is to:

  1. Start investing early in life;
  2. Spend less than you earn and always be saving 5, 10 or 15% of what you earn;
  3. Maximize the use of tax-deferred vehicles like IRAs and 401(k)s;
  4. Invest in low-cost index funds or ETFs.

We prefer that you consider our products as your investment vehicle, but even if you don't and you follow most of the above, we'd consider our mission a success.

LIMITED OFFERINGS

We do not believe that one needs to invest in dozens of ETFs and mutual funds to achieve one's investment goals. Dhandho is likely to never offer more than a small number of investment vehicles. We hope to never bring products to market that we believe are not world-class. We cannot understand how an investment house can be intellectually honest and have dozens of funds and offerings. Yet this is unfortunately how this industry typically functions.

By providing dozens of offerings and strategies, other investment shops are able to constantly promote a new "flavor of the month." In all likelihood, the promotion is of the fund that has had recent great performance. But, as soon as the performance of that fund wanes, predictably enough, it is no longer promoted and instead another fund is pushed, the one that now has good recent performance. Investors are prone to be misled by these ads and what they suggest, and as a result are inclined to keep switching between funds. We believe the end result of this strategy is likely to vastly underperform an alternate strategy of just sticking with the same simple, broadly diversified fund for the long haul.