These Funds Make Great Side Dishes
Here are some offerings that can spice up your portfolio.
Although the turkey is the undisputed star of most Thanksgiving meals, this holiday is rarely just a one-dish affair. A hearty feast consists of a turkey flanked by its numerous complementary side dishes; few would have their Thanksgiving meal any other way.
Constructing a well-balanced portfolio isn't all that much different from assembling a Thanksgiving spread. While core holdings provide most of a portfolio's nutritional value, supplementary holdings can add spice and diversification to a well-rounded portfolio.
Using our Premium Fund Screener, we applied a series of exacting criteria to call up a menu of worthwhile side-dish funds--offerings that our analysts believe can fulfill a valuable role in a portfolio but are secondary to the core. We first limited our search to Analyst Picks--funds that our analysts tag as favorites. And to further streamline the results, we screened on distinct portfolios of funds with minimum initial investment requirements of less than $10,000. On the fees front, we eliminated load funds with fees greater than the category average. Finally, we required that managers of supporting players have at least a decade's worth of experience under their belts. The screener yielded 11 funds, three of which we highlight below. Premium members can run the screen by clicking here.
Esther Pak does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.