Fundsters looking for some good news in the U.S. equity market may want to take a look at today's Barron's
, which includes an article focusing on Mark Donovan
, CEO of Robeco Investment Management [see profile]
, the subadvisor to the John Hancock Disciplined Value Equity Fund [see profile]
Donovan's fund, which focuses on large-cap companies, invests mostly in U.S. corporations, but can have about 15 percent of its holdings in foreign companies, as long as they have shares traded in the U.S.
He currently favors the tech space and is reportedly especially enamored with Microsoft, citing its huge net cash balance and new products like Windows 7.
Donovan told the pub that his firm is "in the positive camp about the prospects for returns in the U.S. equity market for the next five to 10 years."
This year, through last Thursday, his $1.2 billion fund was reportedly up 7.69 percent. The fund has a load of five percent and an expense ratio of 1.05 percent.
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