Re: Evaluating Managed Funds
I am in the same boat Ed of rolling over a 401(k). Since I invest on my own, I am not looking for a fund that invests in the same things I do. I am looking for solid performance over a long period of time.
Mutual fund managers do this for a living so I hope they know a heck of alot more than I do.
Something else to look for is if the fund is under the same management for awhile since that is what you are really buying. Morningstar is the best resource I have come accross for information on funds.
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