Top Mutual Funds
Five of the best sites for finding the top mutual funds based on past performance. Know of another site that should be listed here? Leave your suggestion at the bottom of this page.
1. Top 25 Funds By Most Popular Fund Types - Easy-to-use mutual fund screener lets you compile lists of the top 25 mutual funds based on time frames as short as one day or as long as 15 years, and based on the type of fund you’re interested in (growth, value, global, bond, etc.) Click on a fund’s link for more detailed information, such as whether the fund is open to new investment, fees, minimum initial deposit, risk ratings, more. (www.marketwatch.com)
2. Yahoo! Mutual Fund Top Performers - See a list of the top mutual funds overall for the past three months, one year, three years and five years, or look at lists of top mutual funds based on types of fund (large cap vs. small cap, funds by industry, bond funds, international funds, etc.) (biz.yahoo.com)
3. Minimalist Investing is Often the Best Choice - July 8, 2007 article has three investing experts give their four top mutual funds for people looking for performance and diversification without having to own more funds than they can keep track of. The fact that none of the experts picked any of the same funds should tell you that picking the “top” funds is not an objective thing. (deseretnews.com)
4. Money 70: The Best Mutual Funds You Can Buy - This 2007 Money magazine recommended list of top mutual funds factors in performance, consistent investment strategy, low expenses, and a long-term outlook. List includes actively-managed funds, index funds, exchange-traded funds, and target retirement funds. Shows one-, three- and five-year returns, expense ratios and minimum required investments. (money.cnn.com)
5. MSN Money Top-Performing Funds - Offers top-performing mutual funds over the past three months, year-to-date, one year, three years, and five years in multiple mutual fund categories. Also offers the top-rated funds by Morningstar, and which mutual funds are on top based on being the most widely held. This is all data from Morningstar, but in a format you may find simpler than actually using Morningstar’s own site. (moneycentral.msn.com)

1 Comment Add your own
1. Alex November 20th, 2007 at 7:48 am
If you haven’t heard of a fund of funds, you might think it is just a redundancy. The truth is a fund of funds has some important advantages and disadvantages that you need to be aware of. A fund of funds is exactly what it sounds like. It is a mutual fund that invests in other mutual funds. At first it may seem silly to you, but here are some big advantages to investing in a fund of funds:
Double Diversification -A mutual fund diversifies across many different stocks. A fund of funds diversifies amongst many different funds.
Simplicity -Instead of investing in many different funds to achieve the same result, you can just invest in one fund. This allows for much less paperwork.
Cheap for Beginning Investors -It is tough to diversify when starting out because of account minimums. A fund of funds allows for an investor to diversify amongst hundreds or thousands of stocks in one small account.
Institutional Advantages -Funds of funds can often invest in desirable institutional funds that are off-limits for retail investors. They also have the ability to invest in some load funds without paying the load.
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