by Will Trice <wtrice@[EMAIL PROTECTED]
>
May 8, 2008 at 07:59 PM
beliavsky@[EMAIL PROTECTED]
wrote:
> If you accept the logic of having an actively managed fund doing
> individual security selection in all types of securities, not just
> common stock, the question is whether there exist managers qualified
> to do this. Balanced fund managers own stocks and bonds, so that could
> be a place to look. Any suggestions?
This is the point of capital appreciation funds (such as Fidelity
Magellan). The manager is more-or-less free to choose among the various
classes of investments.
-Will
william dot trice at ngc dot com
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