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Post by Bobpa on Jul 25, 2021 12:54:30 GMT
What would be a good fund to pair up to PRWAX from an international stand point?
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Post by ignatz on Jul 28, 2021 17:25:00 GMT
I'd at least consider a broad ex-USA index of some type UNLESS you have some strong reason to favor some particular region (Europe, Asia, emerging markets, whatever). There's many that would qualify, but which among them would prove superior in the future is rank speculation.
I'd probably be more concerned about PRWAX itself. It is overwhelmingly tilted to large growth stocks and that would make me very nervous. But maybe it's only a small percentage of your equities?
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Post by paulr888 on Jul 28, 2021 18:55:40 GMT
Hi Bobpa ... I will expand your question a little before I answer. I like to pair funds all the time. In the US, if I owned PRWAX I would pair it in my US LCG position with a fund I use, EGFFX. Look at the portfolio of both funds. I never want to have much duplication in my pair. PRWAX has Amaz, Google, Microsoft as top holdings. EGFFX has Visa, NVIDIA, Pay Pal, Snap.
But by your question I interpret you want to pair PRWAX with an international LCG fund. I will suggest a fund I use in my international LCG position, MFAPX.
Do you own analysis and due diligence. Good luck.
Edit: regarding risk in PRWAX being all growth, that doesn't bother me at all. My long term strategic allocation has 10% PV in both LCG and LCV, all the time.
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Post by Mustang on Aug 4, 2021 21:58:12 GMT
What would be a good fund to pair up to PRWAX from an international stand point? I would think that would depend entirely on where in the investment cycle you are. That is a long-term growth fund. When I was in my 40s and early 50s I would have paired it with a long-term value fund. Back then I was 100% stock. As I got closer to retirement I cut back on stock funds. I'm now in my 70s and have no stock funds. I've gone to asset-allocation funds.
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Post by jongaltiii on Aug 4, 2021 23:11:47 GMT
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Post by chang on Aug 5, 2021 3:41:17 GMT
What would be a good fund to pair up to PRWAX from an international stand point? I assume what you mean is, what is a good foreign equivalent to PRWAX? Coincidentally, M* just published an article, The Best Foreign-Stock Funds. However, this looks like one of those M* teaser articles - a smattering of random recommendations (or funds that pay M* a lot of advertising dollars) without any serious algorithm. Anyway, it appears to be value-focused, whereas PRWAX is a growth fund. You might look first to the foreign LG funds offered by TRP, Fidelity and Vanguard - each has one or more offerings. Beyond those, maybe checkout Baron and Morgan Stanley: they are growth-focused companies with foreign fund offerings.
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Post by Bobpa on Aug 5, 2021 12:18:34 GMT
PRGEX has also been suggested. Whatever fund I would pair with PRWAX, together they would only be a small portion of the entire portfolio. Thank you for all the suggestions. I am mostly invested in allocation funds. PRWCX, JABAX, VALIX, RPGAX, VWINX, PMEFX
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