Sextant International (SSIFX)
This fund is far from fully invested in the stock market, with more than 30 percent of its total assets residing in cash. A defensive position helped Sextant International during 2008, but the fund lagged somewhat in 2009 as market rallied. The portfolio contains 72 stocks, many of which are natural resource companies like Canadian mining company Teck, the fund's largest holding. Emerging markets stocks account for a quarter of the fund's assets. Its turnover ratio, which measures how often one stock is swapped out for another, is extremely low at 2 percent. Over the past 10 years, the fund has returned an annualized 7 percent. Its annual fees are 1.13 percent.