By The Associated Press
ATYPICAL RECORD: The Appleseed Fund is a stock mutual fund that has been one of the best performers over the latest 5-year period, yet among the worst over three years. It's a result of the fund's defensive investing approach, which can help or hinder performance depending on the market's direction.
DEFENSIVE APPROACH: Appleseed's portfolio recently held about 17 percent in gold and 14 percent in cash, with the rest in stocks.
KEY RISKS: Fund co-manager Adam Strauss worries that the Federal Reserve's stimulus could eventually trigger runaway inflation. He also says that household debt remains excessive.
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