Investors may think it's easy for portfolio managers to find good stock picks, but the numbers don’t lie — even for professionals, it's harder than it looks. In fact, it's very rare for mutual fund managers to achieve a 50% or higher success rate in their stock picks.

What does this mean for investors? Taking a closer look at funds before investing.  

Our research analyzes mutual fund managers and the market stock hit rates by category and position size, the relationship between hit rates and fund performance, and more.

Read the full report to understand stock picking and how it can impact your investment strategy.