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Investors are pouring billions of dollars into funds that promise to minimize market swings, highlighting the anxiety that prevails after seven years of stock gains.
So-called low- and minimum-volatility funds are designed to fluctuate less than the market as a whole—not climbing as high during rallies but not falling as far during selloffs. That kind of risk avoidance has been popular this year. The top-five low-volatility exchange-traded funds added a net $12.5 billion through June 30, even as investors yanked roughly $52 billion from U.S. equity funds, accordingto estimates fromChicago-based investment researcher Morningstar Inc.
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Ted
https://www.google.com/#q=Stock+Investors+Pay+Up+for+Peace+of+Mind++wsj