Buy the Unloved 2012
Go against the grain to find winners.
Mentioned: T. Rowe Price New America Growth (PRWAX)
, Longleaf Partners (LLPFX)
, Vanguard PRIMECAP Inv (VPMCX)
, Franklin Mutual Global Discovery A (TEDIX)
, Oakmark Global Investor (OAKGX)
, FMI Large Cap (FMIHX)
, PRIMECAP Odyssey Growth (POGRX)
The final fund flow data for 2011 has come out, so it's time to talk about Morningstar's Buy the Unloved approach.
This is a strategy that takes its cues from fund flows. The basic idea is that the categories with the greatest inflows in the prior year are overbought and those that had the most redemptions are oversold and thus due for a rebound.
Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.