5 Cash-Heavy Funds for the Cautious Investor
Cash is not trash.
Following up on my theme of downside protection, I've gathered a few funds with big cash stakes that you might want to give a second look.
Funds with big cash stakes can lag in rallies, but I wouldn't pull the trigger on a good fund just for a bit of a slump. Funds with big cash stakes can do wonders in a downturn. But it goes beyond the cash stake itself.
Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.