News » January, 2011 » 14 January 2011
How many mutual funds are passing test of time?
14.01.2011, 00:06 | Capital Markets | 873 views
A third of the mutual funds in business for more than three years brought profit to investors during the 2007-2010 period, with the strongest performance, of 43%, being registered by the ones investing in bonds and banking deposits. The rest of over 20 funds are in the red. The past three years' returns reveal that a good year for a mutual fund does not necessarily mean the investors of that fund will reap profit in the next two years. Few of last year's performers managed to gain a top position in terms of the past three years' yields. Read more on ZF.ro
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