Which funds generated the greatest dollar returns in 2005?
Looking at performance since 2000 creates a better picture of which funds have delivered for investors.
A group of top managers remains cautious and commits more capital to traditional defensive sectors, while taking advantage of a rising (and potentially overvalued) market to book some gains.
Look for good fundamentals, not hot streaks.
Oakmark's investing-centric corporate culture is solid, but lower fees would be welcome.
These managers boast a good year and a great long-term record.