Now all the guys who are trying to "diversify" by buying one mutual fund in each of Morningstar's nine domestic stock categories are going to be in a tizzy! What to do, what to do?
They might be thinking that they have to sell all their shares of TAVFX because it's now in that weirdo "world stock" category... And anyway, it's down -14.76% YTD. They could say that [literally] old Marty Whitman seems to be losing his touch...
But--help is on the way! They can start using--horror of horrors--Lipper's categories. Lipper still categories TAVFX as a Multi-Cap Core fund.
That was a close one! Whew...
Jagor