New Funds Generate More Excitement Than Results
Putting new funds to the test.
This article was published in the September 2014 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor here.
When a fund posts great returns its first year, we wistfully look back and wish we’d bought in. Who wouldn’t want to have owned Fairholme (FAIRX) in 2000, DoubleLine Total Return Bond (DBLTX) in 2010, or Vanguard Primecap (VPMCX) in 1985?
Russel Kinnel has a position in the following securities mentioned above: FAIRX. Find out about Morningstar’s editorial policies.