Investors May Have Sold These Cautious Funds Too Soon
These three funds delivered in 2018 but had sizable outflows.
Fund Spy
Mentioned: Parnassus Core Equity Investor (PRBLX)
, AMG Yacktman I (YACKX)
, FMI Large Cap (FMIHX)
, Waste Management Inc (WM)
, Starbucks Corp (SBUX)
, The Walt Disney Co (DIS)
, Procter & Gamble Co (PG)
, Clorox Co (CLX)
, Comcast Corp (CMCSA)
, Novartis AG (NVS)
A version of this article was published in the January 2019 issue of Morningstar FundInvestor. Download a complimentary copy of Morningstar FundInvestor by visiting the website.
If you owned a conservatively run fund in 2018, you were probably glad you did. Many held up much better than the market and peers amid the fourth-quarter sell-off. Yet, because these cautious funds lagged during the long bull market, too many investors got out in advance of the sell-off. Let’s look at a few Morningstar Medalists that proved their mettle.
Connor Young does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.