Mutual funds on the rebound
Kurt Brouwer November 10th, 2009
Smart Money did a piece on mutual funds that had a rough year in 2008, but were doing well in 2009. Here’s how they selected funds:
…The Criteria: The funds on the table were in the bottom 20% of their Morningstar categories in 2008. However, in 2009 they’re in the top 20% of those same groups. They are open to new money, require a minimum investment under $5,000 and charge an annual expense ratio less than 1.5%. We favored funds that have histories of doing well in post-recession periods or are run by decent managers. As usual, we did not include load funds.
Source: Smart Money
We have used Dodge & Cox Stock Fund on occasion although not as a core holding. It is a well-run mutual fund that had a very rough year in 2008. Other funds on this list such as Vanguard Windsor and Ariel are funds with solid long-term records.
This is a good piece because it illustrates how different things look today than they did early in the year.
- Investing , Mutual Funds
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