Only nine months ago the domain of a few small, high-risk funds, Internet stocks now dot some of the biggest mutual funds around.
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"It's easy to buy a low-risk fund, " said Thurman L . Smith, editor of Equity Fund Outlook, a newsletter published in Boston.
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In the former, a percentage of client's account value will be transferred to a designated low-risk fund when the contract has poor investment performance.
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The assets of the nation's money market mutual funds rose 1.9 percent as investors put money into the low-risk funds in the latest week.
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Thus, said Ronald W . Roge a financial planner in Centereach, N . Y ., low-risk funds are the core holdings of his clients.
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But my feeling is that if the market goes sour, it will be precisely the high-risk funds such as this that will lead the way.
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In cost engineering and project management usage, escalation and cost contingency are both considered risk funds, that should be included in project estimates and budgets.
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I know this is a fairly high-risk fund, but in view of the fact she has 22 years before retirement, she has to take some risk.
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"We are what you call a high-risk fund, " said Heiko Thieme, the chairman and manager of the fund, defending his tendency to make heavy bets.
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Putnam OTC and Hancock Special Equities had already made a name for themselves as high-risk funds that had delivered astronomical returns in the best of times.