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One of the first things investors want to check on Mutual Funds is the Performance of a fund over a period of time.
The performance is usually benchmarked against other similar funds and the overall market. Although some investors like to
chase the hottest fund, the best recommendation is to fund one that has had better performance than its peers and the overall
market for at least a three year period.
Morningstar Ranking System
This tool lets you screen and rank Morningstar.com's database of more than 8,000 funds. How do Index fund returns compare with other types of mutual funds? For the long term, index funds tend to be the safest and best performing bet. Mutual fund performance and seemingly unrelated assets? (PDF File) Academic Paper written on Mutual Fund Performance. Estimates of standard performance measures can be improved by using returns on assets not used to deŻne those measures. Alpha, the intercept in a regression of a fund's return on passive benchmark returns, can be estimated more precisely by using information in returns on non-benchmark passive assets, whether or not one believes those assets are priced by the benchmarks. A fund's Sharpe ratio can be estimated more precisely by using returns on other assets as well as the fund. New estimates of these performance measures for a large universe of equity mutual funds exhibit substantial di®erences from the usual estimates. CBS Marketwatch List the Best Performing Mutual Funds over several time periods and most categories of Mutual Funds. SmartMoney.com Variety of Tools and Articles on Mutual Fund Performance.
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