Revamping Pays Off for Whitehall Growth
Its 26.7% return so far this year tops large-blend category.
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Mentioned: Atlantic Whitehall Growth (WHGFX)
, Fidelity® Select Leisure (FDLSX)
, AFBA Five Star Large Cap I (1100103791)
, Buffalo Large Cap (BUFEX)
, WesMark Large Company Fund (WMKGX)
, Rydex Leisure H (RYLAX)
, ProFunds UltraShort NASDAQ-100 Inv (USPIX)
One of the most successful mutual-fund portfolios of big-company stocks this year was actually built in 1998.
That's when manager Paul Blaustein took over the then-three-year-old Whitehall Growth Fund (WHGFX), which was already in the top half of its category, and rebuilt it. He sold industrial, utility, energy, consumer, and retail stocks, and increased the offering's stakes in technology and health care.
Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.