When we last reviewed the perpetually winning mutual funds back in January 2008, the New England Patriots were one game away from a perfect season. They stumbled and so did the financial world, which has since been tossed on its head.
With the market's extreme volatility and bear market selloff, all five perpetually winning open-end stock mutual funds that had maintained A+ grades from TheStreet.com Ratings for the two-year period ending Dec. 31, 2007, have fallen back into the pack. Likewise for the additional nine funds that had held A or A+ ratings for those two years.
As part of our quarterly fund review, TheStreet.com Ratings ranked and awarded letter grades to 12,290 open-end stock mutual funds. Of those, 3,607 earned the equivalent of a buy rating with letter grades of B- or better. Once multiple share classes are eliminated, the number of buy-rated funds drops to 969 unique funds. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
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DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
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