Craig Callahan thinks he has something that investors want: a little peace of mind.

As volatility in the stock market continues to frighten the daylights out of investors, Callahan, founder and chief operating officer of Denver-based Meridian Funds, thinks they will be attracted to funds that won't necessarily yield astounding returns in a bull market. On the flip side, the investments aren't likely to post sickening declines in a bear market, either.

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