It has some financial stocks and some other non-growth sectors so it's not a pure (growth) play, but who cares It's a great fund and it's not going to blow up on you.
More Quotes from Russ Kinnel:
great news if you're investing 10 or 20 years out.Russ Kinnel
When you have this tremendous bull market, funds do seem boring, ... A lot of people have discovered Internet trading, and mutual funds don't give you the thrill of seeing your stock go up 50 percent.
Russ Kinnel
The SEC is clearly staking out some valuable turf in terms of requiring that fund companies give truly accurate representations of their funds in ads,
Russ Kinnel
There are some positives to multi-management one is you get diversification of strategies and investments. What you're doing is diversifying at another meaningful level that you'd have to pick separate funds to do.
Russ Kinnel
This is a consolidation period in the industry, both in terms of staffing and the number of funds. We've seen a lot of fund mergers recently and some layoffs.
Russ Kinnel
We were also impressed by what Dodge Cox Income didn't own, ... The fund is overweight in corporate bonds relative to its benchmark. In 2002, that meant trouble because investors ran from corporate bonds for fear they would get caught holding the next Enron. This fund not only avoided disasters, but it also found enough winners to return nearly 11 percent in 2002. Just as impressive, the fund's returns for the trailing five and 10-year periods rank in the top 10 percent of its category.
Russ Kinnel
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Based on Topics: Finance QuotesBased on Keywords: non-growth
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