Marcretire
Dryer sheet aficionado
- Joined
- May 8, 2008
- Messages
- 32
Well, as it were, Wellington and Wellesley happen to be my two core funds in retirement accounts (they balance out passive index funds in my taxable account) and I have only good things to say about them. On the plus side, they have a long, favorable track record. And in shaky markets they provide much needed income and relative stability (very relative! both are still down substantially YTD). But they invest in only 2 asset classes: large value stocks and investment-grade corporate bonds (which they supplement with government bonds from time to time). So they sometimes can underperform the market quite substantially especially when the market is on a tear and growth stocks are in favor like in the late 1990's.
Coincidentally, I just came across this article a few moments ago that sings the praises of VG Wellington...
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