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.
While past performance will give investors an idea of how the fund has fared in the past, you must remember that past performance is not indicative of future results. Almost every investment involves some level of risk. There are several types of risk, including financial risk, market risk, interest rate risk, and timing risk. Different types of funds are subject to different levels of risk. One of the best defenses against risk is diversification.