A Closer Look at One of 2009's Big Winners
A little research lets you go far beyond the numbers.
Your conscience should sound a warning if you consider buying a fund simply because you see it on the list of this year's top performers. You can be excused for looking, though. How can you not be curious about funds posting year-to-date returns of more than 100% that don't even have "UltraBull" or "3.5X" in their names?
Because you're going to wonder about these funds anyway, here's a guide to help make those looks worthwhile. With just a little research, you can figure out why a chart-topping fund reaped such gains. More important, you can determine whether the fund is worth considering as a possible addition to your own portfolio or is so inappropriate that it can be struck off your list forever.
Let's examine one offering currently at the top of the rank: Oppenheimer International Small Company (OSMAX).
Gregg Wolper does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
We’d like to share more about how we work and what drives our day-to-day business.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
To learn more about how we handle and protect your data, visit our privacy center.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Read our editorial policy to learn more about our process.