Conservative investors looking to invest in a mutual fund that is more consistent in performance regardless of the overall market trend should consider a All Weather Fund.
These funds have a lower overall Beta and as a result are a lower risk alternative to hedge funds or other high growth large cap funds. The "All Weather" analogy refers to the tendency for these funds to be consistent performers regardless of the market.
Read more about All Weather Funds in the stock terms area of the site (View a full list of all terms).
Catchy name, I have never heard of this fund type before but it makes sense.
...just read the term definition through the link, adds more clarity. Nice Blain.