The popular investment strategy in the literature is to use only past performance to select mutual funds. We investigate whether an investor can select superior funds by additionally using fund characteristics. After considering the fund fees, we find that combining information on past performance, tur...
Large mutual funds can save money and boost returns, but they may have higher expense ratios than low-cost index funds and ETFs. Many investors focus on total returns when comparing one fund against another. While it's good to know how much your money can grow, the size of the fund can...
Equity mutual funds can be sliced and diced in several ways depending on the goals of the fund: Funds based on company size Some funds focus only on “large cap” or “small cap” companies, which refers to the market capitalization, or value, of the companies: Large-cap fund: Companies...
Mutual funds are a great way to invest in a variety of securities instead of buying individual stocks or bonds. Learn how to pick the best funds for your portfolio.
The table below shows the top five funds in each category based on 10-year return, except in value, small-cap and municipal bond funds, where fewer than five funds were award winners. Also, no index funds qualified. For more details, see the overview article on our2023 mutual funds study...
Data envelopment analysis of mutual funds based on second-order stochastic dominance Although data envelopment analysis (DEA) has been extensively used to assess the performance of mutual funds (MF), most of the approaches overestimate the ... S Lozano,E Gutiérrez - 《European Journal of Operation...
Since they're primarily invested in stocks, equity funds are also known as stock funds. They're the most popular form of mutual fund, and can focus on the domestic or international market, on certain sized companies or particular business sectors. Equity funds can also be managed actively or...
Instead of trying to outperform the index by continually adjusting the portfolio, as actively managed funds do, the manager simply mirrors the index's holdings. Actively managed funds try to outperform the benchmark index by making investment decisions based on their research or investment ...
Mutual funds and exchange-traded funds (ETFs) are popular ways for investors to diversify but they have some key differences. ETFs can be traded intra-day like stocks but mutual funds can only be purchased at the end of each trading day based on a calculated price known as the net asset ...
industries, companies, etc., based on the fund's strategy, many mutual funds are so-called index orpassive funds, with portfolios that shouldn't need too much management. They simply mirror the assets of indexes like the S&P 500 or the Dow Jones Industrial Average.1 ...