Some of the 5 mutual funds reviewed in this Wall Street Journal article
don't have much history. However, one has 82 years of history. That's Vanguard Wellington balance. Unlike the other four funds mentioned in the article, it doesn't have fancy investment strategies. It just invests in high-quality, dividend-paying stocks and corporate bonds. That helped keep it in this group of funds that held up reasonably well in the 2008 financial crisis. When the S&P 500 index lost 43%, Wellington lost 27%. In the past three years it is up an average of 5% a year.