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Published: October 15, 2006
How are you really doing in a fund? Follow three steps to find out
YOUR FUNDS
YOUR FUNDS
Mutual funds have been around for more than 80 years, so you'd think that every means of measuring performance has been around for nearly that long.
But investment research firm Morningstar Inc. recently announced that it is coming out with a new gauge for performance, and investors should not only pay attention, but should develop their own version of it too.
A fund's year-to-date or year-end results represe...
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