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If investors could reliably pick the best funds, they'd want to own them.
Investors in the best funds may have little to worry about.
(Easy. Just find the best funds for the lowest price and have them optimally allocated).
Picking the "best" funds is not easy either; top quintile funds are more likely to be bottom quintile in future than they are to repeat their success.
Words that can harm you Trade secrets Protesting too much Generali steps out Cross-breeding Weighing up the WTO ReprintsCalPERS fears that forced disclosure would hurt its returns because it would be shunned by the best funds, which value discretion.
(Morningstar identified the best funds using "success ratios," which show what percentage of funds in a given group survived and outperformed their peers. Often times, studies don't exclude funds that failed, which can distort results).
Similar(20)
It will, he says, be "the best fund ever".
He noted that the campaign has had one of its best fund-raising periods ever.
As the business community's preferred candidate, he is likely to be the best funded.
His bigger sum aside, Mr. Gingrich said Ms. Palin was "the best fund-raiser in the party".
It is the largest British team since 1998 and the best funded.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com