Putnam: Absolute Return a Safe Bet

Firm's Total Return Product Outsmarts the Market

July 21, 2008

With oil prices at record levels, the U.S. sliding into recession, banks failing and equity markets plunging as much as 20% from their last highs, it's a tough time for a fund manager to keep investors happy. Robert Schoen, Putnam Investments managing director and portfolio leader for the Boston-based firm's Global Asset Allocation Group, thinks one good answer is an absolute return product-in this case Putnam's Total Return strategy.

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