Looking at this funds persfomance should clearly see why this fund is my largest holding: 26 up years ; 2 down years ( one of the 2 down yrs. a little over 1 %. - the other in 2008 down c. 27% - in a little over a year and a 1/2 made up for that loss. and onward and forward. Very few funds can match that kind of performance, especially with such low volitity. The record speaks for itself. The only other fund I like better is FPACX - managed by Steven Romick, maybe the best investor, for the fearful, on the planet.
Thanks for your thoughts. I was actually asking about my daughter. Don't want to steer her wrong. I am also heavy into t.Rowe Price's health care fund. I am convinced that with 10,000 people hitting 65 each day - for the next dozen or so years, health care is a really good bet. We're in for 20% and am considering even more.