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FYI: If you want to dial back risk while maintaining exposure to the stock market, consider the $5 billion Jensen Quality Growth fund (ticker: JENSX ). During the stock market’s last collapse, in 2008, the fund fell 29% while the average large-cap growth fund tumbled more than 40%. Over the past three years, the fund has returned 12% annually, edging out the Standard & Poor’s 500 and beating 84% of large-growth fund peers. The fund has been on a tear more recently, returning 10.8% year-to-date, beating the S&P 500’s 7.3% gain while outperforming 99% of its large-growth fund peers. Regards, Ted http://www.barrons.com/articles/todays-top-5-stock-picks-fund-beating-99-of-peers-1469009156#printMode
A very good fund on a great run ... it doesn't have many years as high in the pecking order as this one, though, and the trailing P/E has creeped up to ~ 25, so I wouldn't empty the piggy bank at this point. I'm holding the shares I've had for a year-plus, but not tempted to add at this price.
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