Growth and income funds are more balanced in their approach.
Look at growth and income funds first, and perhaps growth funds it you're feeling a bit frisky.
NEW YORK, April 25 /PRNewswire/ -- "Mutual fund investors might be walking into the same trap they did in 1987, of believing the safest investments in market turbulence are those perceived to be the most conservative of funds: equity-income and growth and income funds
," said Michael Hirsch, portfolio manager of the FundTrust Family of Mutual Funds and vice chairman of Republic Asset Management Corporation.
The newly named Warburg Pincus Growth & Income Fund earned the number one ranking for quarterly total return performance for the quarters ended March 31 and June 30, 1993, out of 317 growth and income funds, and was ranked in the top quintile, according to Lipper Analytical Services, Inc.
4 out of 262 growth and income funds according to Lipper Analytical Services, Inc.
For the 1, 5 and 10-year periods ending 2/28/98, Fidelity Growth & Income Portfolio was ranked 156, 12 and 3 out of 647, 254, and 140 growth and income funds
NEW YORK, May 11 /PRNewswire/ -- The RBB Equity Growth & Income Fund earned the number one Lipper ranking for quarterly performance out of all 293 growth and income funds
for the quarter ended March 31, 1993.
In comparison, the fixed-income portion of other growth and income funds typically diminishes the capital appreciation potential of their overall portfolios, cautions Kantor.
Lexington Corporate Leaders Trust Fund is a unique no-load growth and income fund that is structured as a Unit Investment Trust.