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http://www.hectorcanonge.net/hectorcanonge_biography.html what is malegra 25 Carlson notes that Dodge and Cox Balanced Fund is a moderate allocation fund that did better than most other moderate funds during the tricky May-through-August period. Carlson thinks the fund performed better because of the mixture of bonds it selected, and also because it kept about 74 percent of the fund invested in stocks.