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Rating:WSJ Looks at Funds Worst Hit by the Financial Debacle Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, October 17, 2008

WSJ Looks at Funds Worst Hit by the Financial Debacle

by: Erin Kello

In Friday's WSJ, Diya Gullapalli, is thinking in tens. Gullapalli had Morningstar make her a list of ten diversified mutual funds with over $1 billion in assets that had the largest exposure to ten troubled financial stocks. The funds that Morningstar came up with were: John Hancock Classic Value, Clipper Fund, Legg Mason Value, Fidelity Equity-Income II, DWS Dreman High Return Equity, Fidelity Growth & Income, Fidelity Advisor Equity Income I, Legg Mason Partners Aggressive Growth, Hotchkis and Wiley Core Growth, and the Hotchkis and Wiley Large Cap Value I. Many of these funds' managers held on to troubled stocks such as AIG and Bear Stearns thinking they could ride out the crisis.  

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