Seven Great Mutual Funds With High Returns & Low Risk
A "thirty-something" colleague of mine asked me last week what would I recommend he invest in given he had $10,000.
I love these kinds of questions and with zeal set out to come up with a meaningful recommendation. Considering his age and the fact that he has three young children and a stay at home wife, I felt his risk tolerance was low and so I made a beeline to the MSN Money Central website and the deluxe mutual fund screener. I set the following search criteria:
- 10-year annualized return equal to or greater than 12%;
- Morningstar rating of 5-star;
- Morningstar risk of low;
- Zero front-end load.
Wow! Seven great funds with low risk and 10-year annual returns of 12% or more. Pretty good stuff!
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