RiskMetrics Group evaluates mutual fund performance based on how funds compensate investors with additional return for bearing risk. Funds that provide excess return for the risk undertaken are identified as top performers, while funds with returns incommensurate with their risks are ranked poorly. RiskMetrics takes into account the degree to which the risks of
a fund change over time, penalizing those with widely time-varying risk.
The company has a Web site at http://www.riskgrades.com that includes a free service for calculating the risk of a portfolio.
List last updated Dec. 27, 2002. 5-year returns as of Feb. 28, 2003
Best Conservative Fund - risk grade below 37.5 |
| Name | Ticker | 5-yr annual return |
| Exeter Defensive Series Fund | EXDAX | 6.97% |
| Vanguard/Wellesley Income Fund | VWINX | 5.61% |
| Name | Ticker | 5-yr annual return |
| American Century Equity Income | TWEIX | 5.77% |
| American Century Real Estate Inv | REACX | 4.98% |
| Berwyn Income | BERIX | 4.47% |
| Caldwell & Orkin Market Opportunity | COAGX | 7.17% |
| Consulting Group Small Cap Value Equity Investments | TSVUX | -1.64% |
| Dodge & Cox Balanced | DODBX | 6.24% |
| FAM Value | FAMVX | 3.41% |
| First Eagle SoGen Global A | SGENX | 7.89% |
| First Eagle SoGen Overseas A | SGOVX | 8.81% |
| Oakmark Equity & Income I | OAKBX | 8.83% |
| Permanent Portfolio | PRPFX | 4.92% |
| T. Rowe Price Capital Appreciation | PRWCX | 7.39% |
| Waddell & Reed Advisors Asset Strategy A | UNASX | 6.58 |
| Name | Ticker | 5-yr annual return |
| Ameristock | AMSTX | 3.56% |
| Ariel | ARGFX | 5.16% |
| Calamos Convertible Growth & Income | CVTRX | 10.52% |
| Davis Real Estate A | RPFRX | 3.13% |
| Dodge & Cox Stock | DODGX | 4.88% |
| FBR American Gas Index | GASFX | -0.83% |
| Fidelity Low-Priced Stock | FLPSX | 5.54% |
| First American Real Estate Secs Y | FARCX | 5.82% |
| Heartland Value | HRTVX | 2.58% |
| Liberty Small Cap | SMCEX | 3.58% |
| Lord Abbett Mid-Cap Value | LAVLX | 6.01% |
| MainStay MAP I | MUBFX | 3.17% |
| Marshall Mid-Cap Value Inv | MRVEX | 4.48% |
| Matthew 25 | MXXVX | 3.15% |
| Meridian Value | MVALX | 14.40% |
| Oakmark International Small Cap | OAKEX | 4.45% |
| Parnassus Equity Income | PRBLX | 8.49% |
| Royce Pennsylvania | PENNX | 4.30% |
| Royce Premier | RYPRX | 4.52% |
| Royce Total Return | RYTRX | 5.69% |
| Salomon Bros. Capital | SACPX | 4.69% |
| Smith Barney Security & Growth A | SAFEX | 6.06% |
| STI Balanced | SCBFX | 0.97% |
| Texas Capital Value & Growth | TCVGX | -7.62% |
| Thompson Plumb Balanced | THPBX | 4.60% |
| Van Kampen Equity and Income A | ACEIX | 4.41% |
| Van Kampen Utility A | VKUAX | -1.57% |
| Vanguard Health Care Investor | VGHCX | 11.17% |
| Weitz Partners Value | WPVLX | 5.94% |
| Weitz Value | WVALX | 5.78% |
| Name | Ticker | 5-yr annual return |
| ABN AMRO/Talon Mid Cap | CHTTX | 3.59% |
| AIM Global Health Care A | GGHCX | 5.80% |
| AMCAP Fund | AMCPX | 3.43% |
| Berger Small Cap Value Institutional | BSVIX | 6.23% |
| C&B Large Cap Value Institutional Class | CBEQX | 1.47% |
| California Investment S&P MidCap Index | SPMIX | 4.28% |
| Centura Mid Cap Equity C | CEGCX | 3.07% |
| Eaton Vance Worldwide Health Sciences A | ETHSX | 12.01% |
| Fidelity Select Health Care | FSPHX | 2.50% |
| First Eagle Fund of America Y | FEAFX | 3.55% |
| FPA Perennial | FPPFX | 6.75% |
| Growth Fund of America | AGTHX | 5.11% |
| ING Convertible | NIGAX | 5.29% |
| ING International Small Cap Growth A | NIGRX | 2.97% |
| INVESCO Sector Leisure | FLISX | 8.80% |
| Jensen Portfolio | JENSX | 5.04% |
| JPMorgan Fleming European | VEUAX | -1.33% |
| Julius Baer International Equity A | BJBIX | 5.01% |
| Liberty Acorn | ACRNX | 5.12% |
| Liberty Small Cap Value | CSSCX | -1.43% |
| Mairs & Power Growth | MPGFX | 5.91% |
| Matrix Advisors Value | MAVFX | 3.63% |
| Merrill Lynch Global SmallCap A | MAGCX | 9.20% |
| Merrill Lynch Healthcare A | MAHCX | 7.69% |
| Merrill Lynch Midcap Value | MARFX | 1.92% |
| Merrill Lynch Small Cap Value | MASPX | 4.82% |
| Nicholas-Applegate Convertible I | NIGIX | 3.58% |
| Nicholas-Applegate Int'l Growth Opportunities I Shares | NAGPX | 5.71% |
| Nottingham Capital Value | CAPVX | -1.31% |
| Olstein Financial Alert C | OFALX | 6.76% |
| One Group Large Cap Value I | HLQVX | -4.34% |
| Professionally Managed Osterweis | OSTFX | 8.67% |
| Putnam International Voyager | PNVAX | 0.78% |
| Royce Low-Priced Stock Investment Class | RYLPX | 7.18% |
| Royce Trust & GiftShares Investment Class | RGFAX | 9.46% |
| Security Equity Global | SEQAX | 0.57% |
| Sentinel Small Company A | SAGWX | 6.91% |
| Sequoia | SEQUX | 3.22% |
| Smith Barney Fundamental Value | SHFVX | 1.73% |
| T. Rowe Price Internatinoal Discovery | PRIDX | 3.43% |
| Turner Small Cap Value | TCSVX | 3.58% |
| Wasatch Core Growth | WGROX | 7.08% |
| Wasatch Micro Cap | WMICX | 18.24% |
| Wayne Hummer Growth Fund | WHGRX | 1.15% |
| William Blair International Growth | WBIGX | 4.33% |
