Entrepreneur Plus - Short White
For Subscribers

Anything Goes Here's a top-performing fund that's got flexibility on its side.

By Dian Vujovich

Opinions expressed by Entrepreneur contributors are their own.

When you don't know which way the wind is blowing on WallStreet, why not go with the flow that flexible funds afford?Flexible funds have the unique ability to invest their assetsanywhere they please among the asset classes. Unlike stock or bondor balanced funds, where prospectuses mandate how much can beinvested in a given asset class, portfolio managers on theseversatile funds have free reign over where and how they invest theshareholders' dollars.

Jim Floyd is one of three portfolio managers on the LeutholdCore Investment Fund (LCORX), one of Lipper's top-performingflexible funds. While the fund is a little pricey-the minimuminvestment is $10,000 for individual accounts-Floyd saysthere's a reason for that. "We're looking for aninvestor who's a little bit more sophisticated, because ourfund is different than most. It's not a specific sector fund ora specific growth or value fund. We can own stocks, bonds, realestate, or most anything that we think has a good risk/rewardprofile."

Continue reading this article — and all of our other premium content with Entrepreneur+

Join the internet’s leading entrepreneur community! With your subscription you’ll get:

  • Access to all of our premium content and an ad-free experience
  • A complimentary subscription to Entrepreneur Magazine
  • Four free e-books a year and 20% off everything from our bookstore
  • Exclusive events with business celebrities and successful entrepreneurs

Editor's Pick

She's Been Coding Since Age 7 and Presented Her Life-Saving App to Tim Cook Last Year. Now 17, She's on Track to Solve Even Bigger Problems.
Lock
I Helped Grow 4 Unicorns Over 10 Years That Generated $18 Billion in Online Revenues. Here's What I've Learned.
Lock
Want to Break Bad Habits and Supercharge Your Business? Use This Technique.
Lock
Don't Have Any Clients But Need Customer Testimonials? Follow These 3 Tricks To Boost Your Rep.
Why Are Some Wines More Expensive Than Others? A Top Winemaker Gives a Full-Bodied Explanation.

Related Topics

Business News

Oscar Mayer Is Changing the Name of Its Iconic Wienermobile

The company is slamming the brakes on its wiener on wheels and rolling out a new meaty ride.

Devices

Take Your Social Media Earning Potential Sky-High With This $79.97 Quadcopter

Get this beginner-friendly drone for a great price for Father's Day.

Growing a Business

Subscribers Exclusive Event: Discover How These 2 Founders Turned Their Side Hustle into a Million-Dollar Lifestyle Brand

Learn how you can transform your personal brand into a thriving business empire with co-founders of The Skinny Confidential

Health & Wellness

Sleep Better, Snore Less, and Stay Cool with This Tech-Packed Pillow, Now $49.99

Let technology help you sleep better with this 8-in-1 cooling pillow.

Business Plans

How to Change Careers: A Step-by-Step Guide

Want to make a career change without compromising your finances or future? Check out this step-by-step guide on how to change careers to learn more.

Business News

'All Hell Is Going to Break Loose': Barbara Corcoran Issues Warning About Real Estate Market, Interest Rates

The "Shark Tank" star appeared on FOX Business' "The Claman Countdown" this week.