5 Mid-Cap Favorites With Attractive Downside Protection
These Morningstar Medalists have served risk-averse investors well.
A version of this article was originally published in the November 2017 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor here.
The current bull market, the second-longest in history, raises concerns of lofty valuations and excessive risk-taking in some areas. However, we have identified five mid-cap funds that have used risk responsibly. The below list is not exhaustive but highlights Morningstar Medalists (some of which are closed to new investors) that have held up well in market pullbacks and have outperformed over the long term.
Gold-rated mid-value fund
The only fund on our list that's currently open to new investors is Gold-rated
United States