Value funds emphasize stocks believed to be undervalued and have improving business prospects due to strong company and industry dynamics. Value funds invest in companies believed to be mispriced compared to the rest of the market. Westcore Equity Funds include growth funds and value funds. Mutual funds achieve diversification by investing fund money broadly across a number of securities of different companies. A fund can spread risk by investing in securities of a number of companies within the same industry, complementary industries, or even entirely different industries.
Individuals also use diversification to spread the risk of their overall holdings.
Different mixes of equity, bond, aggressive, and conservative investments can be used, depending on your personal situation. In general, the younger you are and the longer your investment time horizon, the more aggressive you can afford to be with your diversification mix. As you get older, or closer to your investment goal, a change to a more conservative mix may be called for. Westcore Funds offers equity funds, bond funds, and a money market fund to help investors achieve a diverse portfolio. Total return is one of the best measures of fund performance because it is the most comprehensive.