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.
FPA Crescent
1-year return: -20.8%
5-year return: 1.8%
Expense ratio: 1.34%
Why we like it: The only no-load fund from respected First Pacific Advisors, it typically holds stocks, bonds, and convertibles. But manager Steven Romick is playing it safe lately, keeping about 40% in cash.
NEXT: Oakmark Equity & Income
Last updated April 17 2009: 8:52 AM ET
RSSSource: 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.
