The Mutual Fund Advisor: What really makes a mutual fund ‘Good’? It’s not last year’s return
A very aggressive small-cap fund can be a good satellite holding for a long-term, high-risk investor. The same fund is a terrible choice as a core holding for someone whose child’s college fees are 8 years away and who panics whenever the market falls 10 per cent.
A very aggressive small-cap fund can be a good satellite holding for a long-term, high-risk investor. The same fund is a terrible choice as a core holding for someone whose child’s college fees are 8 years away and who panics whenever the market falls 10 per cent.
