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posted by MikeShann on 1 months ago
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Definitely agree with what you stated. Your explanation was certainly the easiest to
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The risk is reduced. Look at the 5 year performance.

It boggles the mind how Morningstar could give a fund with these holdings a 5-star rating.
Of the 20 securities listed - in addition to cash - only eight - MRO, BP, BAC, BTU, TXU,
CCJ, WFC, and UTX - have provided any useful diversification over the last five years; the
remaining twelve securities have done nothing to reduce the risk at ANY level of return.

Yea this is a great fund, if you have 2 million and need to invest it somewhere.

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