Is This Dangerous?
Posted: Fri Feb 24, 2017 5:48 am
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The Vanguard Wellesley fund? It has 60% bonds (both US government and corporate), 40% stocks. It's actively managed.
As for the stock portion, the description says: "Using fundamental research, the advisor typically invests in fewer than 100 stocks".
If I assume "fewer than 100 stocks" doesn't mean that they have just 1 or 2 stocks, but let's say at least 50, then it's a reasonable diversification for the stock portion.
Or do you mean a different Wellesley fund?