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Mutual fund rating services compare fund managers with their peer group and penalize the pros if they underperform the competition.
Forbes also stands apart from other mutual fund rating services in that we create separate grades for bull and bear markets.
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Our best hope of taking advantage of this new research is that a major fund rating service will incorporate it.
I PREDICT that within a few years, Morningstar, the mutual fund rating service, will face a typesetting challenge.
Morningstar Inc., the mutual fund rating service in Chicago, called Fidelity the "Comeback Kid" in the year-end issue of its newsletter.
For example, according to Morningstar, Inc., the mutual fund rating service, Fidelity Select Regional Banks had a 1995 return of 46.79% today its year-to-date return is just 9.78%.
Internet funds were the fastest growing mutual funds in the first quarter, but they're an option only for investors with an extremely high tolerance for risks, according to Christine Benz, senior analyst at mutual fund rating service Morningstar.
More than 200 stock analysts, shareholders, hedge fund managers, executives from rating services and reporters attended the follow-up, at the Times Center in Midtown Manhattan.
Multiply this correlation number by itself and you have R-squared, a number published for long-term funds by such fund-rating services as Lipper and Morningstar.
rating services' shared assumption that fund performance histories are more important than manager track records.
Instead of a group of core choices hand picked by a financial services company, Persumma promises to enlist Morningstar, the fund rating and tracking company, to compile some core choices culled from across the fund industry.
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