blue chip fund

Only one of the three funds in existence for five years, the Righttime Blue Chip Fund, beat the stock fund average.

Others, such as the Rightime Blue Chip Fund, relied on buying a combination of stocks with a history of fast earnings growth or large dividends.

Guinness Flight has started the Asia Blue Chip fund, which will own stocks of Asian companies with market capitalizations of more than $1 billion.

At the end of February, the previous manager, Michael Gordon, had 18 percent of the assets of the Blue Chip fund in cash and 10 percent in bonds.

The trust was relaunched as the M&G General Trust and later renamed as the Blue Chip Fund (Source M&G).

Ms. Pankros recommends the Janus Fund, a blue chip fund that often moves into cash, and Financial Industrial Income, which invests one-third of its portfolio in utilities, real estate investment trusts and other high-yielding securities.