This top-performing fund manager who takes big risks reveals where she's betting next.
, among others. These three stocks are all outperforming the S&P 500 this year, gaining 19.8%, 35.3% and 17.5%, respectively.
"It's one of the best-performing funds in the category, but it's also one of the most risky. In cases of market drawdowns, this fund is likely to underperform peers," said Thomas Lancereau, an analyst at Morningstar. "In 2008, for instance, the fund lost 45%."Patel said investors should remain overweight U.S. assets relative to the rest of the world, noting looser-than-expected monetary policy from the Federal Reserve will keep driving corporate earnings higher.
"I was actually shocked when they raised rates in December," Patel said. "Then you saw what the market did."
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