These Managers Like Big Bets
Some members of the Morningstar 500 carry concentrated positions.
A version of this article was published in the July 2017 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor by visiting the website.
Fund managers taking big bets have long captured investors’ attention, as the biggest short-term winners and losers are often the most daring. However, cautious investors should keep an eye out for funds with high levels of company-specific risk and make sure they are comfortable with them for long time horizons.
Wiley Green has a position in the following securities mentioned above: GILD. Find out about Morningstar’s editorial policies.