Sequoia (SEQUX)
29
(1.2%)
MasterCard (NYSE: MA), Target , Walgreen (NYSE: WAG)
S&P 500
500
(2.2%)
ExxonMobil , Microsoft
Data: Morningstar.
Of course, simply being a focused fund isn't enough to guarantee great results, or to even make that more probable. The fund's success will still ultimately depend on the smarts of the managers, and the stocks they select. There have been some concentrated funds that have done abysmally, due to some terrible investment choices by managers.
So, remain choosy in picking funds. Continue to look for managers you admire, reasonable fees, impressive track records, and ideally, low turnover. Remember also to keep your overall portfolio diversified, perhaps aiming to balance large-cap stocks with small-cap ones, domestic holdings with international ones, and possible high-flyers with reliable dividend payers.
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Selena Maranjian prepares the Fool's syndicated newspaper column, writes articles for Fool.com, has coordinated the Fool's annual Foolanthropy charity drive, and has written a number of Fool books, among other things.
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