Best performing Mutual Funds in the last 3 yearsBy Randell Tiongson on January 8th, 2013
Sometime last year, I posted a blog on the best performing mutual funds so I decided to do one again especially since a lot of people are now interested in investing.
But what really is a mutual fund? A mutual fund is a pooled fund and you can read read about what a pooled fund is from a previous blog – click here.
Before we get overwhelmed with the numbers, I wish to reiterate that while important, historical returns are not the only factor that you should consider in selecting a mutual fund. As they say, past performance is never an indication of future performance. A fund manager who has a riskier preference will most likely have a fund with better yields as compared to one who’s a bit more mo