Looking for a GARP fund

Q – Can you name a couple of recommended global funds using the GARP style? – L.K.

A – GARP is an acronym for Growth at a Reasonable Price. This is a modified growth approach to stock selection, in which the manager looks for a combination of growth potential and low price.

Fidelity International Portfolio Fund is our top pick among global funds that use this approach. However, I should add that funds that use this management style are unlikely to return to profitability until the stock markets pull out of their dive. – G.P.