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Best Funds? Look to the Best Managers

Q: You mentioned asset allocation -- do you have a suggested mix of funds for a long-term investor?

A: Well, of course, the BusinessWeek award winners are a good place to start. And some of the ones I mentioned earlier are among those. I think a diversified strategy would need to consider: Large-cap growth, large-cap value, mid-cap, small-cap, international equity, as well as intermediate and short-term fixed income. You can find most of these on the BusinessWeek list.

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