The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Are These the Five Paths to Active Fundsters Winning? Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 30, 2015

Are These the Five Paths to Active Fundsters Winning?

News summary by MFWire's editors

When it comes to active mutual funds delivering on their promises, five things are key, and they all boil down to stewardship. So says Morningstar guru John Rekenthaler.

In his latest "Rekenthaler Report" column, Rekenthaler ponders a host of studies about what factors lead to successful actively-managed mutual funds. Rekenthaler concedes that studies from the likes of AMG, Capital Group's American Funds, and Fidelity appear self-serving, that doesn't mean the conclusions are wrong. He even draws on low-cost mutual fund evangelist Jack Bogle, a frequent mutual fund industry critic, to prove the point.

Rekenthaler concludes:
Protecting shareholder monies by cutting expenses and turnover is being a good steward. So is having portfolio managers invest in their own funds, having the fund-company owners hold large stakes in their businesses, and restricting the company to doing only the business of investment management.
Perhaps some rising fundsters will take Rekenthaler's conclusions as a guide to how to reach the mutual fund equivalent of Garrison Keiller's fictional Lake Wobegon, where all the children are above average. 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use