(29 quotes found)
“For investors who aren't sure about how to select a fund appropriate for their time horizon, these funds really make it simple for you to do that and to get a lot of diversification in a single package. They help investors with the two things they have the most problems with. The first is arriving at an appropriate asset allocation, and the second is maturing that asset allocation as you approach your goal.”
Christine Benz
“In general, in any sort of tax-deferred account, you have a little more leeway to look at fund types that might be undesirable for your taxable account. If you're going to own a high-turnover, aggressive growth fund, for example, putting it in a tax-sheltered wrapper is a good idea. By the same token, a high-yield bond fund might be a good thing to put in a tax-deferred account.”
“It's hard to say whether he's making brilliant choices because it's hard to go wrong in Internet stocks, ... It's hard to say whether he's a good stock picker or just lucky.”
“Internet-heavy funds took some of the biggest hits yesterday, but most people watching the tech area have long thought that there's probably been some froth among those stocks.”
“They rack up records and don't get noticed.”
“You don't want a fund that had its best years with $5 million in assets.”
“It's a classic rotation away from everything that did well in 1998 and the first quarter of 1999. Everything that did lousy in that time has picked up.”
“A lot of the large growth stocks are taking a breather.”
“Some at Fidelity in top management view it as a concern.”
“I would say it's a dueling trend that retail mutual fund companies are starting hedge fund like vehicles to retain that talent. That is a weapon in a fund company's arsenal.”
