In an article titled "Curse of the Mutual Fund Giants," SmartMoney's Russell Pearlman picked up on Morningstar data that tracked the fate of some of the largest funds in years past.

More than 25 percent of funds that began a year as one of the five biggest funds from 2000 to 2006 "had lost money three years later," Pearlman writes.

Pimco [see profile], whose Total Return Fund is the biggest fund in the world, "has bucked the trend so far," he notes. 

Edited by: Armie Margaret Lee


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