Mutual Funds Are Bought, Not Sold: Winning In An Investor-Centric World

Don Phillips

02/20/09 4 PM EST

IWI

Don Phillips, managing director of Morningstar, Inc, makes the case against fad funds and shows evidence that slow, steady performers win the race. Making a case for funds that receive top grades in Morningstar's "stewardship" rankings, Phillips paid homage to financial planners for pushing fund companies to keep expenses low, avoid fads, and commit to less volatile long-term investment strategies that support buy-and-hold investors. He shows why a fund's total return is usually not as important as its investor return.

This webinar is approved for IMCA CE credit.

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