Best stock funds for the very nervous
It's a classic dilemma: You want to minimize losses without giving up future gains. Here's a classic solution: a balanced fund that holds both stocks and bonds - such as one of these three no-loads.
Ticker: OAKBX
1-year return: -22 .5%
5-year return: 2.3%
Expense ratio: 0.81%
Why we like it: This fund usually holds a 60/40 mix of bargain-priced stocks and high-quality bonds. Like FPA , it's more cautious now, with half the portfolio in stocks and the rest mostly in short-term Treasuries.
NEXT: Vanguard Wellington
Last updated April 17 2009: 8:52 AM ET
Source: Morningstar.
One-year return is through March 30. Five-year return is annualized.
One-year return is through March 30. Five-year return is annualized.