In the Balance
A good blend scales down this fund's risk.
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.
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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.