For investors who aren't sure about how to select a fund appropriate for their time horizon, these funds really make it simple for you to do that and to get a lot of diversification in a single package. They help investors with the two things they have the most problems with. The first is arriving at an appropriate asset allocation, and the second is maturing that asset allocation as you approach your goal.
More Quotes from Christine Benz:
We're hearing from a lot of value-oriented managers that they're taking this opportunity to move into stocks with growth prospects. My goodness, Cisco is in the portfolio right now, which isn't something that Windsor shareholders might be expecting.Christine Benz
It has been hard to go wrong in stocks. The main performance determinant was whether you invested in small caps.
Christine Benz
You don't want a fund that had its best years with 5 million in assets.
Christine Benz
It's a point I'd make regarding any mutual fund, but it's particularly important in a mutual fund type where you expect a low absolute return. If you're paying 1 percent in expenses and you're earning just 3 percent, you're forking over literally a third of your return.
Christine Benz
They're not chartbusters, and that's what gets funds noticed, ... (But) there are plenty of funds that haven't garnered a lot of assets and are good investment vehicles all the same.
Christine Benz
Some at Fidelity in top management view it as a concern.
Christine Benz
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