To keep taxes and expense ratios down, however, an increasing number of balanced funds
are trying to hold down trading and minimize distributions, much like tax-efficient index funds.
Haber since November 1986, ranked 217 out of 219 balanced funds
tracked by Lipper Analytical Services last year, and 41st out of 61 such funds over the last five years.
The most significant findings, however, relate to the performance of the three tactical asset allocation funds in relation to the balanced funds
reported on in the chart's last three columns.
investment adviser to Pax World Funds ("Pax"), which launched the nation's first socially responsible mutual fund in 1971, today announced that the Pax World Balanced Fund
(the "Fund") has continued to deliver consistent long-term performance by ranking in the top 9 percent of balanced funds
tracked by Lipper (75th out of 814 balanced funds
) for the one-year period and the top 7 percent (16th out of 245 balanced funds
) for the ten-year period ended December 31, 2007, according to Lipper.
Summary: First-time investors with moderate risk profile should go for balanced funds
provide the best of both equity and debt, varying their exposure to maximise profits or cut losses in a volatile mkt, says Tanvi Verma
The AFBA 5Star Balanced Fund
is only 1 of 5 Balanced Funds
in the Morningstar Moderate Allocation category (962 funds) that offers a retail-directed Class A or Advisor share class and has been awarded a 5-star Overall Morningstar Category rating based on risk-adjusted returns as of December 31, 2008.
The mutual fund industry's answer for jittery investors like yourself has been a type of hybrid investment called either balanced funds
or asset allocation funds.
stock funds, international equity funds, balanced funds
, taxable bond funds, and municipal bond funds respectively accounted for the following approximate percentages of the 2005 rankings: 55.
Summary: Balanced funds
provide the best of both equity and debt, varying their exposure to maximise profits or cut losses, in a volatile market.
For the 5-year period ended December 31, 2004, the Pax World Balanced Fund
came in at #127 out of 368 balanced funds
tracked by Lipper for that period based on total return, with an average annual total return of 3.
Wellington Fund, with assets of $44 billion, is one of the industry's largest balanced funds