- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Dollar Falls to 14-Year Low Against the Yen
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Lloyds Gets OK for Record $22.5 Billion Rights Issue
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Gold Retreats from Record High as Dollar Rebounds
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Chinese Overcapacity is Worsening, EU Chamber Warns
- China Unveils Carbon Target Ahead of Copenhagen
- Euro Shares Record Biggest Drop in 7 Months
- Wal-Mart Price Pressure Hurts China Workers: Report
- Great Britain, No Longer That Great: Investor
- Fannie Mae to Tighten Lending Standards: Report
Text Size 
Challenge: Finding investments positioned to thrive when things get better.
Morningstar mutual fund analyst Karen Dolan singles out five funds that look good -- even if their recent records aren't all that impressive.
Topping her list is the Pimco Total Return Fund [PTTRX
Loading...
()
].
"Even with this turbulent environment, they've gotten the housing call right, they've got currency correct," she told CNBC. "They need the Fed to continue decreasing rates, but we think they're going to do a good job sidestepping the trouble."
Then there's the Third Avenue Value Fund [TAVFX
Loading...
()
], managed by Marty Whitman.
"If there's distress in the marketplace, he's going to look at those assets, and he's willing to step in," she said. "He did it with Kmart in 2002, he's doing it now with MBIA and MGIC, and we think that it could hurt for a little while, but he's good at coming out ahead in the long run."
__________________________________
Stock Picks from CNBC's Experts: Picks & Pans
__________________________________
Another Dolan's list is the Schneider Value Fund [SCMLX
Loading...
()
].
"Arnie Schneider is a deep-value investor," she said. "He made some mistakes in 2007, but we think longer-term, his going to be pretty darn good."
The Dreyfus Appreciation Fund [DGAGX
Loading...
()
] and the Van Kampen Pace Fund [ACPAX
Loading...
()
] round out her top five, in part because of their ability to control expenses.
"A lot of people forget about them when returns are high, but when you've got a tougher market environment, expenses are only going to eat away at that even more," she told CNBC. "It depends on what kind of asset class you're in, but, generally speaking, all of these funds have very low expenses."
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
Data is a real-time snapshot *Data is delayed at least 15 minutes