Consumer confidence just dropped to its lowest level since January, with inflation worries and a softer labor market outlook weighing on how Americans feel about the economy.
That combination of uncertainty around inflation, employment and monetary policy points toward continued market volatility, a backdrop that has historically favored value oriented strategies over more richly priced growth names.
A handful of large cap value mutual funds have delivered strong annualized returns over both three and five year periods while keeping expense ratios modest and requiring relatively low minimum investments, making them accessible options for investors looking to lean into value during this stretch.
Finsum: With consumer confidence at its lowest level since January and inflation still running above the Fed's target, large cap value funds offer investors a lower volatility way to stay invested.
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