Six Tips for Picking Top Funds
The sad truth is that roughly two-thirds of all actively managed mutual funds fail to beat their benchmarks. Most investors are better off sticking with funds that simply try to mimic an index; their typically low costs give them a big edge over most actively managed funds. If you want to invest in actively run funds, you need to devote time to picking good ones. Start by following my six rules for successful fund picking: 1. Focus on expenses. Morningstar has found that cost
