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Article: Fund Spy: Five Popular Mutual Funds That Must Shape Up or Ship Out.
- Article from:
- Morningstar Column (Morningstar)
- Article date:
- December 28, 2006
CopyrightCOPYRIGHT 2006 Morningstar Column. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bridget B. Hughes, CFA
Dec. 28--In the grand scheme of portfolio management, there are plenty of questions. What asset allocation will get me to my financial goals? How much risk can I tolerate? Which mutual funds should I buy?
But of all the questions, particularly those related to mutual funds, one stands out as being especially tough: When is it time to sell a disappointing fund? In some cases, the answer may be obvious -- say, you took on more risk than you could handle or something sinister happened and you no longer trust the fund company.
More typical, though, are questions that involve a gray area -- when performance just hasn't ...