FYI: Every investor wishes they had a “terrific” portfolio of mutual funds.
You can have exactly that without having all your funds be “terrific.”
For proof, consider the latest research effort from Russel Kinnel, director of manager research for Morningstar, who at the start of September published his latest effort to pick the top funds in the business, but whose own actions as a fund investor help prove why top funds on a performance chart are less important than solid, stalwart funds in your personal accounts.
Every year Kinnel attempts to find what he defines as “fantastic funds,” easily screening down the entire realm from 8,000-plus options to a few dozen. This year, 28 funds passed Kinnel’s tests, which are purely quantitative.
Regards,
Ted
https://www.seattletimes.com/business/your-funds-can-be-terrific-even-if-they-dont-make-someones-list/
