Can somebody point out to me some "US High Quality" stock funds with low fees?

GMO highlights this as a good asset class in its latest 7-year projections.  It contrasts this asset class with "Large Cap", "Small Cap", and "Low Quality".

 Thanks.

Anybody? Any little help is appreciated.

Look at FAIRX, FDFFX, JSVAX*, or MXXIX *Does have some Intl exposure. Why didnt you use the mutual funds board. Probably would have gotten a lot more responses.

GMO must think GQETX, GMO U.S. Quality Equities is.  The price of admission there is very high, fees aren't too high.  Highly concentrated portfolio (as of 11/30/07), 60 stocks with 55% in the top 10 - (WMT, MRK, PFE, XOM, MSFT, UNH, JNJ, KO, VZ, CVX).  29% in the next 15 - (T, HD, IBM, CSCO, QCOM, PG, LOW, DELL, ZMH, MMM, EBAY, PEP, FRX, MCD, ABT).  16% in the remaining 35 stocks - having limited impact.

Is that what you want?  Big names, the largest companies, no particular value focus.

How about an index fund that holds the 30 Dow Industrials?  I don't happen to know of any, but one certainly must exist.  Or, perhaps you might consider the foliofn.com, Folio 30, which mimics the Dow. 

This question came up a couple of months ago. I recommended Dreyfus Appreciation, which I feel holds the sort of high-quality big-caps that Grantham is referring to. It would be a good choice for a taxable account, by the way. Annual fees are 95 basis points, which is below average, but not super low.

Regards,

Duane

"High quality" is a phrase rarely used in describing mutual funds.  "Value" or "growth", "risky or least risky", "high cap" or "low cap",  "high fees" or "low fees" are the terms most often used.  If one considers all of these terms and includes stewardship, uniqueness ("non-fat fund"), low standard deviation, and good company/value stocks (less chance of a steep loss), then overall ratings can be obtained from another mutual fund web site that has initials "MaxF".

I found VEIPX, PRFDX, TWEIX, VHDYX, and FLVEX as having the highest overall such ratings sum in these mutual fund categories, at least in the large value area.

On the other hand, to many "highest quality" might also mean the highest chance for the largest gain.  CGMFX might be the highest quality in that sense.

Good question.  I think XLG, IOO, and VIG.  I believe this gets the closest

 to his idea.  You can also access GMO's asset allocation with eaafx.  GMO is the subadvisor.