It's hard to fault investors looking to play it safe with conservative allocation funds nowadays. Stocks have spent the summer fluctuating wildly. Bond yields have been falling when everybody -- including Fed Chairman Greenspan -- expected them to be rising. And the presidential race is closer than ever.
The conservative allocation fund category, however, has its own inconsistencies. Some funds rely on investment styles, such as shorting stocks or buying foreign bonds, which sound scary enough to send a nervous investor rushing to stash his rainy day dollars back into simple yet lackluster money market funds.
So, for restless investors in a time of unusual uncertainty, here are two successful conservative allocation funds with differing investing styles: the (JAMNX Quote)James Market Neutral Fund and the (PRPFX Quote)Permanent Portfolio Fund.
James Market Neutral Fund
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