Asset Allocation & Overlap pgm.

From: "Cook, James" <jcook@mailserver.disc.dla.mil>
Subject: Asset Allocation & Overlap pgm.
Date: Thu, 23 Jul 1998 12:23:36 -0400

Next Article (by Author): Gift stocks - what's the basis Eric Shen - FDC
Previous Article (by Author): Re: persfin-digest V5 #36 Christy Rohrig
Articles sorted by: [Date] [Author] [Subject]

Hi:

I'm trying to gather opinions on whether the mutual funds I have contain
enough diversification.  I've been reading about asset allocation  which
states that you should have a certain percentage of your funds in large, mid,
small, & international funds.  A couple people at work have told me that my
funds are too heavy in large caps.  Here's what I have.

Baron Asset - 8.5%
Janus - 10.9%
Vanguard Wellington - 34.9%
Vanguard Windsor - 24%
Vanguard Windsor II - 21.7%

These funds comprise 44% of my total portfolio and I have another 11% in
large blue chip stocks.  I dollar cost average into all the funds except
Wellington which I just stopped.  Should I sell some Wellington or another
and get a international/global fund?

I recall reading some time ago that there is a "overlap" pgm which will
compute the overlap among various mutual funds.  Does anyone have any
knowledge of this or is there something similiar.

Thanks in Advance,

Jim





- -

Go to Jeff Salisbury LWGate Home Page.