Morningstar Medalists at the Top of Their Game
Here's what's behind some strong performance.
A version of this article appeared in the March 2014 issue of Morningstar FundInvestor.
Morningstar Medalists have earned our analysts' confidence in their long-term prospects, so it's great to see those highly rated funds topping the charts in their respective categories, as each of the funds below did. Still, it's as important to understand where good performance is coming from as it is to evaluate poor results. Even when strong returns can be attributed to savvy investments, there are risks associated with all strategies that can lead them to look weak from time to time. Getting a handle on a fund's behavior can help you set the right expectations and be a better owner of the funds you choose.
Bridget B. Hughes does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.