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lsbcal · 06-28-2008, 06:00 PM

Those 2 funds have very good recent records, congratulations. They shouldn't really be compared to VFINX which is a large blend fund. For the last 3 years Morningstar classifies FLPSX as mid-blend with a category rank (lower is better) of:
2005 56%
2006 19%
2007 62%

FCNTX (Contrafund) is classified as large growth with category ranks of:
2005 3%
2006 14%
2007 19%

I'd rather have a portfolio made up of these 2 funds then VFINX. That's because I like large growth for right now and have overweighted with Vanguard Primecap. But when the pendulum swings back towards large value hopefully Contrafund (or Primecap) will be nimble enough to do that too.

06-28-2008, 06:00 PM	#3
lsbcal Full time employment: Posting here. Join Date: May 2006 Posts: 672	Those 2 funds have very good recent records, congratulations. They shouldn't really be compared to VFINX which is a large blend fund. For the last 3 years Morningstar classifies FLPSX as mid-blend with a category rank (lower is better) of: 2005 56% 2006 19% 2007 62% FCNTX (Contrafund) is classified as large growth with category ranks of: 2005 3% 2006 14% 2007 19% I'd rather have a portfolio made up of these 2 funds then VFINX. That's because I like large growth for right now and have overweighted with Vanguard Primecap. But when the pendulum swings back towards large value hopefully Contrafund (or Primecap) will be nimble enough to do that too.