Quote:
Originally Posted by Dtail
Do you invest in index funds? For example, the Fidelity S&P 500 index fund FUSVX has higher returns than FPURX no matter how many years of comparison.
|
Not necessarily true. Pick just about any 5 year period (and some 10 year periods) that have a year of steep decline and FPURX will outperform FUSVX. Take a look at 1988-1997. Or 1988-1992. Or 2000-2009. Or 2008-2012. Or 1999-2004.
It's a 50% to 70% equity allocation mutual fund, and one of the best. If that fits the OP's needs, I'd say go for it. (I have about 5% of my total portfolio in FPURX.)
Linear Mode
