Don’t pick outperforming funds if you want a good return

Added 20th September 2016

Fund selectors would be wise to not use past performance as a metric in their fund selection process, according to three American scholars. Moreover, funds that have outperformed their benchmark over the past three years tend to underperform funds with a mediocre or poor performance record over the following three year-period.

Don’t pick outperforming funds if you want a good return

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