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Top No-Load Mutual Funds Model Portfolios
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Every Quarter We Update Our Model Portfolios of Best Performing No-Load Mutual Funds, Fidelity Mutual Funds, and Vanguard Mutual Funds. Besides possible changes in Asset Allocation, we let you know of any new funds to buy for your portfolio, or previous funds to sell from your portfolio. Here are our portfolios for January of 2005.
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All Funds Model Portfolio
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% Return
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Conservative
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Insightful
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Fund Name
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Symbol
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Type
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1 Yr
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3 Yr
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Taxable
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IRA/401K
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Taxable
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IRA/401K
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PIMCO Low Duration D
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PLDDX
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STB
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2.02
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3.96
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25%
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20%
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20%
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15%
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PIMCO Total Return Mortgage D
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PTMDX
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IGB
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4.53
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5.76
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10%
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10%
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10%
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10%
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Westcore Flexible Income
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WTLTX
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HYB
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10.40
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12.19
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10%
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10%
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10%
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10%
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Third Avenue Real Estate Value
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TAREX
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RE
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28.16
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22.42
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10%
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10%
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10%
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10%
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Alpha Hedged Strategies
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ALPHX
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Hdg
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17.23
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-
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0%
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5%
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5%
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10%
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Julius Baer International Equity
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BJBIX
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Intl
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23.22
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17.31
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5%
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5%
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5%
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5%
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Selected American Shares
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SLASX
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LCC
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11.97
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6.73
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5%
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5%
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5%
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5%
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Yacktman
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YACKX
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LCV
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9.93
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17.67
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5%
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5%
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5%
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5%
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Artisan Mid Cap Value
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ARTQX
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MCV
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26.20
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18.41
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5%
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5%
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5%
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5%
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Royce Premier
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RYPRX
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SCC
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22.82
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16.27
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5%
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5%
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5%
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5%
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Neuberger Berman Fasciano Inv
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NBFSX
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SCG
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12.55
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10.07
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5%
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5%
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5%
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5%
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Third Avenue Small-Cap Value
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TASCX
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SCV
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21.27
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14.55
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0%
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5%
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5%
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5%
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Your Brokerage Money Mkt or
Tax Exempt Money Mkt
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MM TEMM
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0.90
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2.19
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15%
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10%
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10%
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10%
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100%
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100%
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100%
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100%
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Fidelity Investments
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Return %
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Conservative
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Insightful
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Fund Name
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Symbol
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Type
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1 Yr
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3 Yr
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Taxable
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IRA/401K
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Taxable
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IRA/401K
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Short-Term Bond or
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FSHBX
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STB
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1.64
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3.95
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20%
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20%
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15%
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15%
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Spartan Short-Interm Muni
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FSTFX
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STMB
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1.82
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3.75
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Mortgage Securities
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FMSFX
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IGB
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4.14
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5.58
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5%
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5%
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5%
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5%
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Capital & Income
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FAGIX
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HYB
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12.07
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15.81
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5%
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5%
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10%
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10%
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Strategic Income
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FSICX
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MSB
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9.04
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12.27
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10%
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10%
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10%
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10%
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Real Estate Investments
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FRESX
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RE
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34.15
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23.82
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10%
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10%
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10%
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10%
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International Discovery
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FIGRX
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Intl
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19.10
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15.43
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10%
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10%
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10%
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10%
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Contrafund
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FCNTX
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LCB
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15.07
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9.99
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10%
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10%
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10%
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10%
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Value
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FDVLX
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MCV
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21.21
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13.93
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5%
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10%
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10%
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5%
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Small Cap Independence
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FDSCX
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SCC
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15.02
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7.09
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10%
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10%
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10%
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15%
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Cash Reserves or
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FDRXX
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MM
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0.90
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2.19
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15%
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10%
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10%
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10%
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Spartan Muni Money
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FIMXX
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TEMM
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0.84
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1.58
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100%
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100%
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100%
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100%
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Vanguard
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Return %
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Conservative
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Insightful
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Fund Name
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Symbol
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Type
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1 Yr
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3 Yr
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Taxable
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IRA/401K
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Taxable
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IRA/401K
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Short-Term Corp
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VFSTX
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STB
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2.11
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3.84
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15%
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20%
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15%
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15%
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Ltd-Term Tax-Ex
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VMLTX
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STMB
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1.53
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3.53
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GNMA
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VFIIX
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IGB
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4.15
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5.40
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10%
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10%
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10%
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10%
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High-Yield Corporate
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VWEHX
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HYB
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8.51
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8.97
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10%
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10%
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10%
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10%
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REIT Index
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VGSIX
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RE
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30.69
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22.53
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10%
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10%
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10%
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10%
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International Value
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VTRIX
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Intl
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19.77
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13.77
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10%
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10%
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10%
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10%
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Windsor II
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VWNFX
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LCV
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18.31
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8.56
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10%
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10%
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10%
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10%
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Strategic Equity
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VSEQX
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MCC
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20.49
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14.61
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10%
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10%
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10%
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10%
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Explorer
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VEXPX
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SCG
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13.75
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7.36
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10%
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10%
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15%
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15%
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Prime Money Mkt or
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VMMXX
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MM
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0.77
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2.14
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15%
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10%
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10%
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10%
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Tax Exempt Money Mkt
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VMSXX
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TEMM
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0.74
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1.50
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100%
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100%
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100%
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100%
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Fidelity Brokerage Portfolio
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Jan 1
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Mar 31
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Jun 30
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Sep 30
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December 31, 2004
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Fund Name
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Symbol
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Type
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Value
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Return
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Return
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Return
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Return
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Size
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Value
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Fidelity Short Term Bond
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FSHBX
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STB
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$16,952
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1.4%
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-1.1%
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1.4%
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0.1%
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12.9%
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$17,254
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Fidelity Capital & Income
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FAGIX
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HYB
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$6,000
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1.4%
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-0.8%
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4.9%
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6.5%
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5.0%
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$6,742
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Westcore Flexible Income
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WTLTX
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HYB
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$6,000
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3.1%
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-2.7%
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3.9%
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6.1%
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5.0%
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$6,631
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Fidelity Real Estate
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FRESX
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RE
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$7,378
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12.2%
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-4.7%
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8.5%
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16.6%
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7.5%
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$9,967
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Third Avenue Real Estate Value
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TAREX
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RE
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$6,000
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8.2%
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-0.4%
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7.0%
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11.5%
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5.8%
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$7,722
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Diversified International
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FDIVX
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Intl
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$4,000
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13.0%
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-0.8%
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0.2%
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13.9%
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3.8%
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$5,124
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Oakmark International
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OAKIX
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Intl
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$7,804
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3.6%
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3.6%
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3.6%
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13.1%
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7.3%
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$9,814
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Julius Baer International Equity
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BJBIX
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Intl
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$6,000
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13.7%
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-1.9%
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1.5%
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17.8%
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6.0%
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$8,001
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Fidelity Equity-Income II
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FEQTX
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LCV
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$6,000
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0.5%
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0.1%
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Oakmark I
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OAKMX
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LCV
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$6,000
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1.4%
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2.3%
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0.3%
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4.7%
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4.9%
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$6,540
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Royce Low Priced
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RYLPX
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SCC
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$6,310
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8.0%
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-1.6%
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-1.6%
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7.9%
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5.3%
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$7,117
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RS Partners
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RSPFX
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SCC
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$6,000
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9.0%
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0.1%
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7.1%
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13.3%
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5.9%
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$7,941
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Wasatch Small Cap Growth
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WAAEX
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SCG
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$13,743
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1.4%
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2.6%
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2.6%
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15.5%
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12.7%
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$16,941
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Tamarack Enterprise S
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TETSX
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SCV
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$6,000
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5.7%
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-1.0%
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-1.0%
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10.4%
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5.1%
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$6,865
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Fidelity Cash Reserves
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FDRXX
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MM
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$10,928
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0.3%
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0.3%
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0.3%
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0.3%
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12.8%
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$17,112
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$115,115
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4.6%
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-0.3%
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2.5%
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8.7%
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100%
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$133,771
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Basic Diversified ETF Portfolio
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1/1/2004
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% Return
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1/1/2005
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Exchange Traded Fund (ETF)
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Category
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Allocation
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3 Mo
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1 Yr
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Allocation
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iShares Barclays 1-3 Year Treasury Bond
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SHY
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STB
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20%
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(0.24)
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0.47
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15%
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iShares Barclays 7-10 Year Treasury
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IEF
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IGB
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10%
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(0.17)
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3.80
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15%
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iShares Barclays Aggregate Bond
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AGG
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ITB
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10%
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0.62
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3.49
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15%
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SPDRs S&P 500 Index
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SPY
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LC
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5%
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8.67
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10.38
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5%
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DIAMONDS DJIA
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DIA
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LCV
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5%
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7.40
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5.02
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5%
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MidCap SPDRs
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MDY
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MC
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10%
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11.68
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15.60
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10%
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iShares Russell 2000 Index
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IWM
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SC
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10%
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14.11
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18.05
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5%
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iShares Russell 2000 Growth Index
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IWO
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SCG
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5%
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14.93
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13.86
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5%
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iShares Russell 2000 Value Index
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IWN
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SCV
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5%
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12.96
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22.11
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5%
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iShares MSCI EAFE Index
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EFA
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Intl
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10%
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15.07
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18.96
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10%
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iShares Dow Jones US Real Estate
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IYR
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RE
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10%
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15.32
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30.14
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10%
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Portfolio Performance
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100%
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7.81
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11.67
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100%
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Average Performance
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9.12
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12.90
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60% Stocks (SPY)/ 40% Bonds (AGG)
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5.45
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7.62
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Portfolio Changes For 1st Quarter 2005
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There are several changes to our Recommended Fund List and Model Portfolios this quarter.
We have added a couple of Bond Funds to our recommended list. We have been watching Managers Intermediate Duration (MGIDX) for a while. It continues to be a top performing Short Term Bond Fund, so it you need someplace new to put some of your Bond money, this would be an appropriate investment. In addition, we have replaced the Northern High Yield (NHFIX) fund with the Scudder High Income (MGHVX) for those of you seeking higher yields.
Several funds will not remain on our recommended list in the new year, simply because we have found funds that can do a betel job. Jensen (JENSX), Marsico Growth (MGRIX) Northern Large Cap Value (NOLVX), Oakmark I (OAKMX), and Vanuard US Value (VUVLX) were all dropped from our recommended list, not so much that they performed poorly, but more because we now feel there are better choices, To replace these funds, we have added Fidelity Disciplined Equity (FDEQX), Atlas Growth Opportunities (ASGIX), Vanguard Windsor II (VWNFX), and Artisan Mid Cap Value (ARTQX).
In addition to these funds, we have added Alpha Hedge Strategies (ALPHX) to add some diversification to our portfolios. This is one of the few funds offering hedged strategies to the small investor.
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Asset Allocations For 1st Quarter 2005
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While we turned out to be a little early with our cautious outlook last quarter, we really mean it now. REDUCE YOUR EQUITY EXPOSURE now. At the very least, ’DON’T put any New Money in Stock Mutual Funds until the outlook for the market and the technical indicators gets a little better.
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Need help finding what you are looking for? Search our web site or the Internet.
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© Copyright 2003 - 2010 Insightful Ideas, Inc.
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Site Updated April 27, 2010
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