Investors Are Going the Wrong Way on These Funds
Six good funds are hit with outflows, but three small good funds are seeing inflows.
This is an excerpt from the July 2017 issue of Morningstar FundInvestor. Data have been updated through July 2017. Download a complimentary copy of Morningstar FundInvestor by visiting the website.
Generally, investors are going in the right direction. They are buying well-run low-cost funds and selling high-cost failures. But that’s not always the case. Investors also tend to lean too heavily on short-term performance. There are some funds where you should not follow the crowd.
Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.