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M*: Investors Have Edge With Balanced Funds

FYI: Today’s investors benefit from portfolios with better balance, according to Morningstar.

Though they lack the growth potential of more concentrated strategies, the average investor in balanced funds like target-date and asset-allocation strategies outperformed open-ended fund investors as a whole, according to Morningstar’s 2018 “Mind the Gap” study.
Regards,
Ted
https://www.fa-mag.com/news/poor-market-timing-means-most-investors-fall-short--but-tdf-investors-thrive-39233.html?print
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