Just so you know, Mutual funds aren´t for everyone. Personally, I wouldn´t invest in them unless I had to. For more detail on that, just do a search for where I´ve addressed this question in other answers.
However to answer your question, there are several rankings of mutual funds, keeping in mind that past performance does not guarantee future results. I'd also stick to no load funds so you don't get "as" soaked on fees, etc.
Here are some of the sources with appropriate link.
Lots of sources for Mutual fund reports that you´re looking for. Here are some.
Money Magazine
http://money.cnn.com/magazines/moneymag/bestfunds/indexfunds.html
Morningstar
http://www.morningstar.com/Cover/Funds.html?pgid=hetabfunds
Kiplingers
http://www.kiplinger.com/personalfinance/investing/funds/?
MutualFundRankings
http://mutualfundrankings.org/
And you may want to take a look at this article on mutual funds too just so you have a little more info if you´ve got tax concerns.
http://www.stanford.edu/dept/news/pr/93/930429Arc3288.html
If you have any questions, please let me know.
Hope that helps!
2007-06-14 11:05:37
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answer #1
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answered by Yada Yada Yada 7
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The first two answers are correct. There is no way to tell what funds will do best in the future, because every year the top performers are different. Best thing to do is just pick a good company, and pick one or more funds from that company (how many depends on how much $ you're investing). My personal favorite fund companies are Vanguard (lowest expenses), T. Rowe Price (good selection, outstanding service and a fantastic website), and Fidelity (largest fund selection).
Also very important - whichever fund(s) you decide to go with, set it up for automatic monthly investment, for however much you can afford. This is called dollar-cost averaging, and it allows you to (a) build your account balance MUCH faster over time, and (b) take advantage of downswings in the market (when share prices are down, you're buying more shares).
2007-06-14 17:40:26
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answer #2
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answered by El Guapo 7
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VAnguard international Value VTRIX
Oberweis China Fund OBCHX
Oberweis international small cap OBIOX
T Rowe Price International Discovery PRIDX
Vanguard Large Value Index VIVAX
A good fund for weathering market downturns is Oakmark Equity and Income OAKBX
2007-06-14 23:39:36
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answer #3
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answered by Yardbird 5
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Simple. The ones with the lowest costs.
Past performance and Mornigstar ratings are about as useful as reading tea leaves for predicting future performance. Cost is a much better predictor of future performance. Academic studies prove this time and time again.
Choose firms that specialize in low-cost index mutual funds. www.vanguard.com and www.fidelity.com are where to first look.
2007-06-14 17:55:19
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answer #4
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answered by derobake 4
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Vanguard funds are the lowest expense funds, so I would start there. Fidelity has Spartan funds for larger investors which also have super low fees. But remember, each family has laggard funds to. Check out morningstar for star raitings.
Here is a link about some Vanguard laggrds and non-laggards.
http://www.marketwatch.com/news/story/dont-get-trapped-laggard-vanguard/story.aspx?guid=%7B137E05AB%2D621E%2D4060%2D9162%2D3DED2634F5A3%7D&siteid=yhoof
2007-06-14 17:50:24
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answer #5
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answered by RobK 2
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Vanguard funds are famous for low expenses. Remember: its how much of the proit that's left after expenses that counts.
2007-06-14 16:33:11
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answer #6
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answered by Ted 7
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there are over 14,000 of them, but some good consistent performers are Franklin Templeton, Fidelity, Davis, JP Morgan...the list could go on and on.
2007-06-14 17:26:04
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answer #7
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answered by ruca80 3
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