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Morningstar Guide to Mutual Funds: Five-Star Strategies for Success » (REV)

Book cover image of Morningstar Guide to Mutual Funds: Five-Star Strategies for Success by Christine Benz

Authors: Christine Benz, Don Phillips
ISBN-13: 9780470137536, ISBN-10: 0470137533
Format: Paperback
Publisher: Wiley, John & Sons, Incorporated
Date Published: October 2007
Edition: REV

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Author Biography: Christine Benz

Christine Benz is Director of Mutual Fund Analysis at Morningstar, where she manages a staff of thirty-five mutual fund analysts. Previously, she was the editor of Morningstar® FundInvestor, a monthly newsletter, as well as Morningstar® Funds 500, an annual publication covering 500 top mutual funds.

Morningstar, Inc., is a leading provider of investment research in the United States and in major international markets. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutional clients. Morningstar provides data on more than 125,000 investment offerings, including stocks, mutual funds, ETFs, closed-end funds, and much more. The company has operations in sixteen countries.

Book Synopsis

Praise for Morningstar

Guide To Mutual Funds

Second Edition

"Picking actively managed mutual funds is no mean challenge. And as the recent era underscores, past performance is of little help. The Morningstar® Guide to Mutual Funds helps cut through the fog with a solid volume of constructive information. 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

"Successful investors know they must do their own due diligence. Morningstar has done much of that homework in this guide. Leave it to Morningstar to get it right, offering smart ways to pick, build, and monitor a portfolio. It's a commonsense guide that should grace every investor's shelf."

—Ted David, Senior Anchor for CNBC Business Radio

"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

Table of Contents

Forewordv
Acknowledgmentsix
Introductionxi
Part 1How to Pick Mutual Funds1
Chapter 1Know What Your Fund Owns3
Chapter 2Put Performance in Perspective18
Chapter 3Understand the Risks27
Chapter 4Get to Know Your Fund Manager39
Chapter 5Keep a Lid on Costs68
Part 2How to Find Ideas for Your Portfolio81
Chapter 6Find the Right Core Stock Funds for You83
Chapter 7Move Beyond the Core: Using Specialized Stock Funds113
Chapter 8Find the Right Core Bond Fund for You134
Chapter 9Move Beyond the Core: Using Specialized Bond Funds148
Part 3How to Build a Portfolio159
Chapter 10Match Your Portfolio to Your Goals161
Chapter 11Put Your Portfolio Plan into Action169
Chapter 12Simplify Your Investment Life182
Chapter 13Be Savvy When Seeking Advice191
Part 4How to Monitor Your Portfolio197
Chapter 14Schedule Regular Checkups199
Chapter 15Know When to Sell207
Chapter 16Keep a Cool Head in Turbulent Markets218
Part 5More on Mutual Funds: Frequently Asked Questions229
Recommended Reading277
Other Morningstar Resources281
Index283

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