FYI: Examining investment strategy can be useful when evaluating mutual funds, but what information is contained in fund holdings? Do they reveal stock-picking skill?
The first article in this series introduced investment strategy as an alternative to the Style Grid for forming active equity mutual fund peer groups. The second article discussed the advantage of diversifying equity portfolios based on fund strategy and proposed a six-strategy core equity portfolio. The third article explained how to identify the best funds within each strategy, while the fourth article described when stock picking works best.
Regards,
Ted
https://www.thinkadvisor.com/2018/12/17/the-best-ideas-of-the-best-funds/
