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Chuck Jaffe: What’s The Worst Mutual Fund You Own?

FYI: If the mutual-fund world was a meritocracy, at least half of all funds would disappear tomorrow.

In the investment world, however, mediocre and terrible funds can go on for decades, never blowing up a portfolio but quietly disappointing indefinitely.
Regards,
Ted
https://www.seattletimes.com/business/whats-the-worst-mutual-fund-you-own/

Comments

  • Thanks, Ted. "...If dropping your worst fund would feel like an upgrade, it’s time for a change." Truth.
  • PQIDX which I finally sold. Actually I think the fund symbol translated to Pathetically Qualified Investors Destroying eXcess capital!
  • Funny!
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