allocation

The Masters' Select Equity Fund, managed by Jeremy DeGroot, aims to take a big decision off your hands by investing across five investment styles and cap sizes. But an investor in this fund would be exposed to one big risk -- active stock picking.

Although some people have the knowledge, resources and savvy needed to successfully play the stock market for themselves, many other people don't. For the people who lack the time or talent to manage their own portfolios, there are funds that will handle the technical work for you. In...