Morningstar Guide to Mutual Funds: 5–Star Strategies for Success - Hardcover

Benz, Christine; Di Teresa, Peter; Kinnel, Russel

Hardcover

ISBN 10: 0471269662 ISBN 13: 9780471269663

Publisher: John Wiley & Sons, 2003

Synopsis

Praise for Morningstar Guide to Mutual Funds "Picking actively managed mutual funds is no mean challenge. And as the recent era underscores, past performance is of little help. The Morningstar(r) Guide to Mutual Funds helps cut through the fog with a solid volume of constructive advice. The central message truly diversify, keep it simple, focus on costs, and stick with it' is not only timeless, it is priceless. " John C. Bogle, founder and former CEO, The Vanguard Group "There's nothing Morningstar doesn't know about mutual funds. And at last, for ready reference, there's a book. You'll find everything here you need to know about managing fund investments, inside or outside a 401(k). " Jane Bryant Quinn, Newsweek columnist and author of Making the Most of Your Money "All serious mutual fund investors know that Morningstar is the source of impeccable data and sound investment advice. This book is the culmination of nearly two decades of research, analysis, and good old commonsense wisdom. " Tyler Mathisen, financial journalist, CNBC "Momentum investing, the hype in NASDAQ, the dot-com mania are mostly behind us. Now, we must navigate through the market debris. We need a compass as we look to allocate our financial resources in a way best suited to maintain purchasing power and fully fund retirement. The Morningstar(r) Guide will help investors find true north and steer a course to reach their long-term financial goals. " Mario J. Gabelli, Chief Investment Officer Gabelli Asset Management, a publicly traded company "A generation of investors who took the stock market for granted now know how important it is to understand and control their own investments. The Morningstar(r) Guide should be their most important resource. " Terry Savage, Chicago Sun-Times financial columnist and author of The Savage Truth on Money

About this title

About the Author:

CHRISTINE BENZ is Editor of Morningstar FundInvestor(t), a monthly newsletter for investors, and Morningstar Funds 500(t), an annual publication covering 500 top mutual funds. Benz is frequently quoted in the media, and appears regularly on CNBC and CNNfn. PETER DI TERESA is a retirement-plan consultant with Morningstar. He has written for the print publications Morningstar Mutual Funds(t) and Morningstar FundInvestor(t), as well as the "Ask the Professor" column for Morningstar's Web site, Morningstar.com. RUSSEL KINNEL is Director of Mutual Fund Analysis for Morningstar, Inc. He writes the widely read "FundSpy" column for Morningstar.com, and manages Morningstar's team of mutual fund analysts. Kinnel helped develop the new Morningstar Rating(t) for Funds and the new Morningstar Style Box(t). MORNINGSTAR, INC. is a Chicago-based global investment research firm. Morningstar is known for its objective research and analysis on stocks, mutual funds, exchange-traded funds, closed-end funds, and more. Morningstar is an independent company and is the trusted source for individuals, financial advisors, institutions, and the news media.

From the Inside Flap:

No wonder mutual funds have become the investment staple for tens of millions of individual investors: Mutual funds offer instant diversification, and there are mutual funds available to suit any investment style or budget. Yet the decision to invest in mutual funds is only the first of many you must make. You still have to determine which funds are best for your risk tolerance and how to combine funds in a portfolio that s suitable for your goals. With thousands of funds on the market, where do you begin?

Let Morningstar® Guide to Mutual Funds put you on the right path to building a sound, satisfying, and profitable mutual fund portfolio. This straight–talking guidebook gives you the information you need to make intelligent mutual fund choices, all in the independent, easy–to–understand style that has made Morningstar the most trusted and respected name in investment research and information.

Regardless of your investment experience or expertise, Morningstar® Guide to Mutual Funds will show you how to look beyond flashy advertising and often equally flashy (and unsustainable) performance figures to find the funds to fit your needs today and well into the future. Look to Morningstar s plain–English explanations for:

• Advantages and occasional disadvantages of mutual funds versus other types of investments
• Listings of recommended funds for virtually any investment goal, time horizon, and level of risk tolerance
• In–depth explanations of expense ratios, loads, and other fund charges
• Strategies for assessing a fund s past volatility and evaluating its future risk
• Diversification techniques across investments, asset classes, and subasset classes
• Optimal investment strategies for meeting short–, intermediate–, and long–term goals
• Key points in assessing the quality of a fund s management

Let Morningstar® Guide to Mutual Funds walk you through the often–intimidating mutual fund selection process, and help you choose the right funds to meet your investment goals, protect your assets in any market environment, and provide you with the safety you need all with the security of knowing you re working with Morningstar, the number–one information source for today s smart mutual fund investor.

About this edition

• Publisher: John Wiley & Sons
• Publication date: 2003
• ISBN 10: 0471269662
• ISBN 13: 9780471269663
• Binding: Hardcover
• Number of pages: 304