Question: Why are there so many mutual funds?
Answer: Mutual fund providers tend to make lots of money on each fund so they create more products to sell.
The large number of mutual funds has little to do with serving investors’ best interests. Here are three red flags investors can use to avoid the worst mutual funds.
Finding the best mutual funds is an increasingly difficult task in a world with so many to choose from. How can you pick with so many choices available?
CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Don't Forgo Diligence: This Fund's Strategy Doesn't Hold Up.