In the Balance

A good blend scales down this fund's risk.
This story first appeared in the October 2004 issue of Entrepreneur. To receive the magazine, click here to subscribe.

One of the great things about investing through a bear market is that it makes you realize there's more to making money than chasing the performance of hot funds.

No matter how you slice it, having a blend of stock and bond funds in your personal portfolio is a must. If you're looking for an all-in-one fund, check out the Oakmark Equity and Income Fund (OAKBX).

With top three and five-year performance rankings, according to Lipper, the fund aims for a 60/40 blend between stocks and bonds. In mid-June, the fund had 57 percent of its assets invested in stocks-all value-oriented ones. Bonds included corporate and Treasury bonds, all with short maturities.

The beauty of this large-cap balanced blend fund is that the risk is tempered. Says fund manager Clyde McGregor, "This fund is for people who don't want to make the assets-allocation decision themselves, and who trust that we'll stick to our value approach long-term."

Web site:www.oakmark.com
Toll-free number: (800) 625-6275


Dian Vujovich is an author, syndicated columnist and publisher of fund-investing site www.fundfreebies.com.

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