Fiscal Year End
|| Conservative Allocation
The fund seeks the highest total return over time, consistent with a primary emphasis on income and a secondary emphasis on capital growth.
For income and some appreciation, the fund invests in a diversified portfolio typically consisting of about 40% stocks, 40% bonds, and 20% money market securities.
Individuals who seek primarily income but also some capital growth. Appropriate for both regular and tax-deferred accounts, such as IRAs and Keoghs.
Click on the risk/reward spectrum below to view the funds in that category
The fund focuses primarily on income and, secondarily, on capital growth; it offers the lowest risk/reward ratio of the Personal Strategy Funds. The common stock portion of the portfolio has the potential to grow faster than inflation over the long term to help protect purchasing power, while the bond portion can help cushion changes in stock prices. The manager can rebalance the investment mix, within defined ranges, based on the economic outlook, interest rates, and financial markets.
Investing equally in stocks and bonds, the fund carries the same risks as its counterparts, albeit to a lesser degree, while money-market securities help provide stability.