However, most have decided to stay fully invested and are willing to ride out the downturn. Well, a broad statement about Janus is that you only need one Janus fund. We have several Janus funds on our Select list, and we think very highly of the group. They do, as advertised, have very in-depth research and have a very collegial process. And, in any one of their funds, you're getting the benefit of several managers' insights.
Balanced funds are a good way to achieve diversification in one fund.
But I don't think that should be a deterrent in a balanced fund. So that is a good place to go in this environment. But I would think that, given the age, it would be a greater weighting toward more aggressive and equity funds. No, they're not, because we're looking for funds that provide consistent, above-average performance over time. Bear funds, by their nature, are extremely volatile and less likely to provide that consistent performance.