Monday, January 05, 2009
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Federated Strategic (SVAAX)
Category:
Large Value
Status
: Open to new investors
Current Recommendation:
Liquidate
Pevious Recommendation:
Reduce
Reason
(last updated on 7/27/2007):
US largecap value funds out performed the broad market in 2006, and in this category, this fund was among top 1% of funds. This year tables have turned. The category is under performing and this fund is among bottom 1% of the funds in the catgory. It is down -2.5% YTD. We liquidated our positions in all model portfolios on 6/13/2007 and since then it has dropped more than 7%.
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