Step 1: Determine why I want or need a new fund.
Step 2: Cut to the asset class first then apply the selection criteria.
Step 3: Learn the story of the fund and its manager.
Step 4: Examine peers and check returns.
Step 5: Choose the finalists, get independent research and read the prospectuses.
Step 6: Jot down my thinking and write the check.
Come up with your own plan of attack, writing down your criteria in order of importance, before buying your funds.
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26-08-2007, 10:25 AM #1
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six-steps for choosing the best mutual funds
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