I've noticed more and more over the last couple years MFO posters are turning to allocation type funds. That is the direction I took a few years ago when trying to rebuild my portfolio after the 'great recession'. I decided to hand the reigns over to good proven funds with managers or allocation styles that I believed in. I have drifted between allocating 40-50% over the past 5 years (right now 40%). I have tried to mix funds with different styles and methods. I have also made an attempt to only hold 4-5 of these funds at a time.
Like I mentioned, from reading many posts from others here at MFO, I think this (adding allocation/balanced funds) has become a trend at least at this forum. I would be interested to hear from others about what funds they are holding in this balanced/allocation category and at what percentage of their over-all portfolio.
Here is my 40% mix in this category:
Two other funds that were in the mix for years but were replaced by PAUIX and PGDPX were PRPFX and WASYX.
So, are others using well managed allocation type funds in their portfolio? And to what extent?