Fundsters interested in strong PMs whose portfolios are currently lagging may want to take a look at today's
Morningstar "Fund Spy" column. Gregg Wolper
highlights four mutual funds that he sees as worth sticking with, despite short-term underperformance:
Artisan Mid Cap Value [
see profile], PMed by
James Kieffer,
Scott Satterwhite and
George Sertl;
Diamond Hill Large Cap [
see profile], lead PMed by
Chuck Bath; and
Janus Twenty and
Janus Forty [
see profile], both PMed by
Ron Sachs. Wolper's article may offer fund marketers some food for thought for what to do when a fund's times are tough.
"Many of the best managers stick to fairly strict, inflexible strategies that they consider most likely to yield long-range success, and they don't waver when that style isn't in vogue. When their type of holding falls out of favor, there's little chance such funds will keep up," Wolper writes, noting that managers with concentrated positions can suffer similar fates. "Talented investors can overcome such reversals to shine in a concentrated format over the long term." 
Edited by:
Neil Anderson, Managing Editor
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