Most Mutual Funds Do Not Outperform

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Fund Manager Experience Does Not Predict Outperformance Experience by itself does not predict whether or not a mutual fund manager will outperform in the future. Though mutual fund managers who have been the sole manager of their funds have as a group outperformed the…

 

Beyond the Numbers: Getting to Know a Manager

Performance statistics are probably the single most scrutinized feature of any stock mutual fund. These figures are, of course, important indicators of how well a portfolio manager has performed in the past. As such, they can serve as useful flags of a possibly good manager or a possibly bad manager. But the question facing any…