Taking a Closer Look at Fund Performance
In a world where we are bombarded with media hype about different stock picks, get rich quick schemes and claims that some managers have a crystal ball for how to beat the market, a wise investor is one who blocks out the white noise and pays attention to facts and science. A recent article written by Philipp Meyer-Brauns, PhD, an associate at Dimensional Fund Advisors, looks at reporting on mutual fund performance and reveals that there is often not enough perspective given to all of the factors that one must take into account when determining true performance.