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Fund Spy: Morningstar Medalist Edition

3 Fund Trades That Will Save You Money

These low-cost Medalists are just what the doctor ordered.

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CALPERs, you are ready to graduate from Bogle University.

The giant California pension fund announced in September that it was liquidating its investments in hedge funds. Why? They have high costs and low returns--not really a great combination. Of course, if you’d listened to Jack Bogle (or many of us at Morningstar), you know how important costs are to long-term investment success.

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Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.