MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, August 9, 2010 Morningstar Says Fees are the 'Strongest Predictor' of a Fund's Success The Wall Street Journal's Jane Kim picks up on the findings of a Morningstar study set to be released today which shows that, in aggregate, low-cost funds had better returns compared to their high-cost brethren. The study explored various periods from 2005 through March 2010. Morningstar director of fund research Russel Kinnel, who authored the study, was quoted in the article as saying that fees "have proven to be the strongest predictor out there." "The stars system, as a measure of past risk-adjusted performance, is going to be a little more limited," he added. UPDATE: The New York Times and Associated Press also picked up on the study. Printed from: MFWire.com/story.asp?s=33071 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |