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Fund Mojo : Best Mutual Funds
Written by Sarah David   
Tuesday, 16 September 2008
Fund Mojo provides services and tools to help investment professionals and individual investors discover best mutual fund managers so that they can achieve private equity return without hefty fees

Fund Mojo provides services and tools to help investment professionals and individual investors discover best mutual fund managers so that they can achieve private equity return without hefty fees. Given that more than 70% of mutual funds cannot beat index consistently, it is not worthwhile to invest in an actively managed mutual fund if an investors doesn't have the conviction that his mutual fund manager can navigate the market better than a random collection of indexed stocks. By looking deeply into a fund manager's performance history, risk adjusted return, portfolio holdings and transactions, Fund Mojo systematically analyzes 26,000+ mutual funds and help investors and financial professionals find the top 2% of mutual fund managers who have been with their fund for more than 5 years and can consistently beat the market with low fee and lower risk. Combining this information with better asset allocation model and in-depth fund analysis and top stock holdings, Fund Mojo empowers its users with the knowledge to achieve superior returns over time.

 

In addition, Fund Mojo provides registered users with dynamic tools that are customized for their own portfolio such as daily RSS alerts, portfolio rating watch, portfolio performance, stock overlap analyzer, portfolio composition and much more. Fund Mojo also provides a collection of mutual fund comparison and analytics tools and investment books to help users become better investors.


How Fund Mojo evaluates mutual fund managers

** Fund performance needs to be accomplished by the same mutual fund manager on a consistent basis. Fund Mojo gives credit to a mutual fund manager who can outperform its fund category peers on a consistent basis over many years. If the performance is not generated by the same mutual fund manager (e.g. a fund has manager change recently), then it is hard to predict whether the same mutual fund will continuously perform well in the future.



** Fund performance needs to be accomplished under reasonable volatility. Some mutual funds have excellent average-return over years, but the magnitude of up-and-down is significant that they are not suitable for most investors to tolerate. Top mutual funds on Fund Mojo list have strong Sharpe ratio and up-year vs down-year track record.

** Fund expense should be in-line with the category. We realize that great mutual fund managers do not come cheap and small mutual funds need to charge a higher fee to survive, but it is important for investors not to pay high premium for a mutual fund.

** Safety. While there are great upside to be achieved, smart investors stay in the game because they don't lose money over difficult time. Fund Mojo puts weight on a fund's ability to survive bear market and not to lose a lot of money over a 3 year downturn.


For more information on Fund Mojo, its report and services, please visit Fund Mojo at http://www.fundmojo.com

 
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