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Mutual Fund Performance Measures and Selection Criteria

Keith R. Fevurly

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Abstract

There are two main ways to evaluate the performance of an open-end investment company or mutual fund. The first is to read the prospectus that every fund is required to issue. The performance history of the fund, along with the fund’s investment objective and expenses, are included in the first several pages of the prospectus. The second is to use a professional reference service . These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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What this paper is about

There are two main ways to evaluate the performance of an open-end investment company or mutual fund. The first is to read the prospectus that every fund is required to issue. The performance history of the fund, along with the fund’s investment objective and expenses, are included in the first several pages of the prospectus. The second is to use a professional reference service . These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Available abstract

There are two main ways to evaluate the performance of an open-end investment company or mutual fund. The first is to read the prospectus that every fund is required to issue. The performance history of the fund, along with the fund’s investment objective and expenses, are included in the first several pages of the prospectus. The second is to use a professional reference service . These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Key concepts: Prospectus, Target date fund, Mutual fund, Investment fund, Fund administration, Manager of managers fund, Business, Investment (military)

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