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3 Defensive Fund Picks

Investors concerned about putting money to work in a fully valued equity market might find comfort in these conservatively managed portfolios, says Morningstar's Russ Kinnel.

3 Defensive Fund Picks
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Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Given stocks' runup over the past five years, investors might be feeling some trepidation about putting new money to work. Joining me to share some ideas is Russ Kinnel. He is director of manager research for Morningstar.

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Russel Kinnel has a position in the following securities mentioned above: MACSX. Find out about Morningstar’s editorial policies.