Five More Funds for Tough Times

The market volatility isn't over yet. So here are funds that will offer a smoother ride.

That's it? The Fed cuts an interest rate that many economists consider meaningless, the correction ends and a potential bear market is nipped in the bud?

That's sure what it looks like -- at least on the surface. The market surged on August 17 after the Federal Reserve Board cut its discount rate, the rate it charges banks that want to borrow directly from it, by one half of a percentage point. The Dow Jones industrials jumped 1.82% to close at 13,079. Standard & Poor's 500-stock index and the small-company Russell 2000 index did even better, rising 2.46% and 2.24%, respectively.

Swipe to scroll horizontally
Row 0 - Cell 0 Five Funds for Smoother Sailing
Row 1 - Cell 0 Investors Guide to Volatile Markets

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Staff Writer, Kiplinger's Personal Finance