International-equity funds--particularly currency-hedged funds--were the biggest beneficiaries of new investor dollars in March, continuing a broader trend over the last several years.
Morningstar's Russ Kinnel, Sarah Bush, and Christine Benz highlight their top fund picks for domestic and foreign equity, core bond, inflation-protected securities, and much more.
A few examples that help illustrate our rating process in action.
Do these funds deserve all that money?
Higher levels of manager investment are a good sign.
Even if TIPS aren't cheap, those looking to build a long-term bulwark against inflation should consider the asset class.
An additional $12.5 billion left PIMCO's flagship Total Return Fund in January, bringing the total outflow to more than $90 billion since Bill Gross' departure.
Morningstar is not making any changes to its ratings on the PIMCO lineup of mutual funds as a result of the departure.
Morningstar's director of personal finance says bond gains, oil's fall, and Bill Gross' big move topped the unexpected list this year.