Don't Chase These Hot Performers
These funds did well in 2013 but aren't poised to continue their streaks.
A version of this article appeared in the February 2014 issue of Morningstar FundInvestor.
The Morningstar 500 includes 54 funds with Morningstar Analyst Ratings of Neutral, an indication that the analysts who cover them believe their prospects for outperformance over the course of a full market cycle are poor or at least unclear. In the short run, though, even middling (or worse) funds can have a great year.
Shannon Zimmerman does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.