Low Costs and Manager Ownership Attributes of Best Performing Funds

Investment News reports on a study by American Funds that “stud[ied], over multiple time periods, [] the entire Moringstar Inc. fund database” and found that screening for two key attributes helps to distinguish funds with “better average returns than the average of all active funds and their respective indexes.” These are: “Lower fund expenses,” and “Higher portfolio manager ownership of the fund.” The study found that over “1-year rolling periods over each month of the… Read More