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 Meir Statman : Look at Fund Makeup Carefully : CNN Money

Wednesday, Mar. 10, 2010

Meir Statman tells CNN Money editor Pat Regnier that focusing on a mutual fund's returns, without examining the makeup of the fund at the time of those returns, obscures the real value of that fund for your portfolio. He points out that money managers will occasionally invest outside a fund's category--picking a 'hot' sector for short-term gains to boost the annualized return number. Read the whole story at CCN Money for March 10, 2010 >>

Read Professor Statman's bio here >>

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