Our approach focuses fund assets in relatively few individual securities and, as a result, our funds may experience more short - term fluctuations than more diversified funds in the same investment category. (oakmark.com)
Many large players constantly review asset allocation among major investment categories. (oldprof.typepad.com)
There are three broad investment categories for mutual funds (equity, bond, and money market - in declining order of historical returns). (en.wikipedia.org)