Waddell & Reed Funds(1)
Beating the Expectations
Waddell & Reed Advisors Core Investment Fund
US> Mid-Cap > Core
Dec 08, 2006
The well-researched large-cap blend area of the market is difficult to take advantage of, but Waddell & Reed Advisors Core Investment Fund does exactly that. The core belief of the fund is that earnings and cash flow generation drives stock prices. Using both a top-down and bottom-up approach the portfolio managers Eric Becker and Gus Zinn look for companies with earnings and cash flow that they believe will surpass expectations, and therefore, exhibit stronger stock performance.