Only 50 of 8,000 funds passed all my tests.
A version of this article was published in the June 2015 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor here.
It's time once more for my annual screen for fantastic funds. The idea is to be very picky and very quantitative. I set up a list of key tests that I have for a fund and then see how many pass. This year, only 50 funds out of a universe of nearly 8,000 passed my tests. Here are the screens:
Russel Kinnel has a position in the following securities mentioned above: SLADX, HACAX. Find out about Morningstar’s editorial policies.