3 Funds for the HALO Trade

Morningstar
MorningstarMar 26, 2026

Why It Matters

Rebalancing toward halo‑focused funds helps investors hedge against AI‑induced tech sell‑offs, aligning portfolios with durable assets that generate stable cash flows.

Key Takeaways

  • AI surge pressures software stocks, prompting halo strategy.
  • Halo stocks are heavy‑asset, low‑obsolescence firms resistant to AI.
  • Lazard Global Listed Infrastructure allocates 30% to industrials, zero tech.
  • FMI Common Stock holds 40% industrials, 14% tech, focusing mid‑caps.
  • Small‑cap Royce Premiere emphasizes industrials with clean balance sheets.

Summary

The video discusses a “halo trade” strategy to protect portfolios from AI‑driven disruption by shifting into heavy‑asset, low‑obsolescence stocks, dubbed “halo” stocks.

The host screens funds with strong industrial exposure and minimal tech holdings, highlighting three options: Lazard Global Listed Infrastructure (30% industrials, 0% tech, Europe‑focused), FMI Common Stock (40% industrials, 14% tech, small‑mid cap focus), and Small‑Cap Royce Premiere (35% industrials, 17% tech, emphasis on clean balance sheets and modest valuations).

He cites Josh Brown’s view that “heavy asset, low obsolescence” firms are safe from AI, and notes each fund’s tilt toward sectors like railroads, utilities, chemicals, and air‑conditioners—businesses less likely to be automated.

For investors with software‑heavy allocations, rebalancing toward these funds could reduce AI‑related volatility, preserve capital, and capture steady returns from infrastructure and industrials that are insulated from rapid technological change.

Original Description

#HALOInvesting #HALOStocks #BestMutualFunds
It’s time for HALOmaxxing.
00:00:00 Introduction
00:00:32 Lazard Global Listed Infrastructure Open GLFOX
00:00:50 FMI Common Stock Investor FMIMX
00:01:04 Royce Premier Invmt RYPRX
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