Friday, October 14, 2005

 

Are Mutual Funds on a Roll?

Mutual-fund investors often are criticized for steering their investment course with their eyes on the rearview mirror -- that is, past performance.

Lately, that backward view has been getting nicer and nicer.

Stock-fund performance looking back over three years -- a common time period for fund buyers to consider -- has gotten rosier as the bear market of 2000 to 2002 has receded into history.

Are Mutual Funds on a Roll?
Source: WSJ Online (subscription required)

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