FYI: They often commit any number of mental errors that impact the returns they see on their investments. The study of this lack of objective decision-making with respect to investing is called behavioral finance. Since some irrational investment decisions result in mispriced securities, some mutual fund managers have begun attempting to profit from these idiosyncrasies.
With investors always looking for a way to beat the market, can behavioral finance-oriented funds help? Let us find out.
Regards,
Ted
http://mutualfunds.com/specialized-funds/implications-investing-behavioral-finance-oriented-mutual-funds/