|Expense Ratio (net)||1.10%|
|Category||Allocation--50% to 70% Equity|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Jun 2, 1993|
Mutual funds have gotten passed over in recent years, as the investing world was taken by storm by exchange-traded funds. Many mutual funds have exceptional management, so much so that the funds are worth buying and holding onto for decades. My stock advisory newsletter, The Liberty Portfolio, looks at ETFs but also purchases some of the best mutual funds in the entire fund universe.
But market corrections are surprisingly common and surprisingly short-lived. Bear markets are another story. Here's what you need to know.
If trying to figure out how to play precious metals wasn’t difficult enough, one has to deal with the fear of missing out on the big bull run in stocks. Then one has to weigh the possibility of the second-most expensive market in history correcting by 30% or more, and how precious metals plays into that. The main problem with precious metals is that they are fundamentally different from equities.
Mutual funds have gotten lost in the shuffle amidst the explosion of exchange-traded funds (ETFs). Some mutual fund managers are just long-term, solid, go-to people who weren’t about to abandon their products because of competition. There are also many investors who just prefer to stick with mutual funds, and aren’t inclined to rush into ETFs.
For more than two decades, Gold-rated FPA Crescent's eclectic, contrarian style delivers equitylike returns with less risk than the stock market.