How To Avoid the Worst Style Mutual Funds

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Picking from the multitude of style mutual funds is a daunting task.

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How To Avoid the Worst Style ETFs

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Picking from the multitude of style ETFs is a daunting task.

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Energy Sector

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The Energy sector ranks eighth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Dangerous rating, which is based on aggregation of ratings of 19 ETFs and 87 mutual funds in the Energy sector as of April 3, 2014.

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Danger Zone: Value Investors

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How To Avoid the Worst Sector ETFs

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Picking from the multitude of sector ETFs is a daunting task. In any given sector there may be as many as 45 different ETFs, and there are at least 183 ETFs across all sectors.

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Danger Zone: Energy Sector Funds

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Best & Worst ETFs & Mutual Funds: Energy Sector

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The Energy sector ranks eighth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Dangerous rating, which is based on aggregation of ratings of 19 ETFs and 86 mutual funds in the Energy sector as of January 15th, 2014. Prior reports on the best…

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How To Avoid the Worst Style Mutual Funds

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Picking from the multitude of style mutual funds is a daunting task. In any given style there may be as many as 949 different mutual funds, and there are at least 6,260 mutual funds across all styles.

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Reported Net Non-Operating Items – NOPAT Adjustment

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Income statement adjustments include financing items like interest expense/income, preferred dividends and minority interest income. These items are related to the financing of a company’s operations, not the operations themselves. We always calculate NOPAT on an unlevered basis.

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How to Avoid the Worst Style Mutual Funds

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Why are there so many mutual funds? The answer is because mutual fund providers are making lots of money selling them. The number of mutual funds has little to do with serving investors’ best interests.

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Cheap Funds Dupe Investors – 3Q13

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Fund holdings affect fund performance more than fees or past performance. A cheap fund is not necessarily a good fund. A fund that has done well in the past is not likely to do well in the future.

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Best & Worst ETFs and Mutual Funds: Large Cap Blend Style

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The Large Cap Blend style ranks first out of the twelve fund styles as detailed in my Style Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 31 ETFs and 955 mutual funds in the Large Cap Blend style as of July 11, 2013.

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Non-Operating Tax Adjustment – NOPAT Adjustment

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Without removing the tax impact of non-operating items, one still gets distorted picture of a company’s operating profitability.

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Change in Total Reserves – NOPAT Adjustment

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Reported earnings don’t tell the whole story of a company’s profits. They are based on accounting rules designed for debt investors, not equity investors, and are manipulated by companies to manage earnings. Only economic earnings provide a complete and unadulterated measure of profitability.

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Danger Zone 2/11/2013: Energy Sector

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Investors who want exposure to this sector should buy a basket of Attractive-or-better rated stocks and avoid paying undeserved fees. Get the list of my top 20 Energy stocks to build your own portfolio.

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How To Find the Best Style ETFs

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Finding the best ETFs is an increasingly difficult task in a world with so many ETFs to choose from.

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Best & Worst ETFs & Mutual Funds: Energy Sector

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The Energy sector ranks fifth out of the ten sectors as detailed in my sector rankings for ETFs and mutual funds. It gets my Neutral rating, which is based on aggregation of ratings of 20 ETFs and 79 mutual funds in the Energy sector as of October 10, 2012.

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Forensic Accounting Says Avoid Energy & Financial Stocks

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As one financial scandal follows another, it seems the good guys are having a tougher time catching the bad guys. Recent revelations about MF Global’s ponzi scheme are another reminder of how our regulatory and oversight systems seem to let whales pass through their net.

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Cutting Thru the Smoke in the Energy Sector

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Two of the three stocks added to our large/mid cap Most Dangerous stocks list for November are from the energy sector. Those stocks are Energy XXI (Bermuda) Ltd. (EXXI) and Superior Energy Services (SPN) – both get my very dangerous rating as do all of the Most Dangerous stocks.
All of the energy sec­tor ETFs get a dan­ger­ous rat­ing, which means you should sell them.

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Energy Sector ETFs Could Incinerate Your Savings

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I recommend investors avoid all energy sector ETFs. There are no ETFs in the energy sector with an attractive-or-better rating from my methodology at New Constructs. None of the ETFs rank better than the S&P500.
Investors should sell all dangerous-rated energy sector ETFs. The five ETFs below are the worst-rated of all energy sector ETFs:

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