Fundsters interested in strong PMs whose portfolios are currently lagging may want to take a look at today's Morningstar
"Fund Spy" column. Gregg Wolper highlights
four mutual funds that he sees as worth sticking with, despite short-term underperformance: Artisan Mid Cap Value
], PMed by James Kieffer
, Scott Satterwhite
and George Sertl
; Diamond Hill Large Cap
], lead PMed by Chuck Bath
; and Janus Twenty
and Janus Forty
], both PMed by Ron Sachs
. Wolper's article may offer fund marketers some food for thought for what to do when a fund's times are tough.
"Many of the best managers stick to fairly strict, inflexible strategies that they consider most likely to yield long-range success, and they don't waver when that style isn't in vogue. When their type of holding falls out of favor, there's little chance such funds will keep up," Wolper writes, noting that managers with concentrated positions can suffer similar fates. "Talented investors can overcome such reversals to shine in a concentrated format over the long term."
Neil Anderson, Managing Editor
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