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More so than in diversified funds, people in single-country offerings may chase performance, buying as markets peak and riding the shares downward to losses, he said.
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"I'm a little concerned that investors may be chasing performance," Mr. Dickson said.
While their momentum alone may net some more short-term gains as investors chase performance, you never know when that kind of momentum is going to run out.
Average investors chase performance, putting in money after the great years.
This year, it seems even more important than usual not to chase performance.
One problem for both investors and fund companies is the herd mentality of mutual fund users: They chase performance.
Retail investors chase performance, and theyre usually behind the curve enough that they suffer from it.
Others may chase sales by lowering prices to boost volumes.
The driver will scream at you and may chase you down," he wrote.
Although the breed may chase small animals outside, it is accepting of them inside.
If the dominance interaction escalates into a fight, the winner of the fight may chase the loser.
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