How to Measure the Skills of Your Fund Manager

According to the Investment Company Institute’s Fact Book, in 2015, there were over 16,000 mutual funds, closed-end funds and exchange-traded funds. This is more than the current number of stocks listed on the NASDAQ, NYSE and Amex exchanges. [Editor’s note: As of January 31, 2017, there were over 4,700 stocks listed on the major exchanges…