Thursday, November 03, 2005

What's in Bernanke's Portfolio?

What is the other "Big Ben" holding in his account? According to disclosure reports, new Federal Reserve Chairman Ben Bernanke is weighted 50% stocks and 50% fixed income. That is a rather conservative approach. I am 88% stocks and 12% (money market/savings) but I am 33 years younger than Mr. Bernanke.
Ben Bernanke's Portfolio

Altria (MO) (I also own Altria) ($15,001-$50,000)

Mutual Funds
Merrill Lynch US High Yield Fund (MRCHX) ($15,001-$50,000)
Merrill Lynch Large Cap Core (MDLRX) ($1,001-$15,000)
Merrill Lynch Fundamental Growth (MDFGX)($1,001-$15,000)
Vanguard International Growth Fund (VWIGX)($1,001-$15,000)

TIAA-CREF 403 (b) Joint account w/wife ($1 million-5 million)
  • It is presumed that the TIAA-CREF account is invested in index funds
Government Notes
Canadaian Treasury Bonds ($50,000-$100,000)
US Treasury Strips ($1,001-$15,000)

Source: Investors Business Daily


Blogger Salbert said...

You know, Berneke doesn't have a fabulous portfolio, I like his Altria though. But go WFMI!

11/04/2005 5:48 PM  

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