Internet Fund's Five Stars Highlight Risks Behind the Rating

The (WWWFX Quote)Internet fund has it all: high risk, untested management and now a five-star rating.

Chicago-based fund-tracker Morningstar just awarded its top five-star rating to the $825 million fund, even while cautioning that investors should think long and hard before diving in.

"This highlights why we tell people never to buy funds on the star rating alone," says Morningstar analyst Scott Cooley, who adds that investors should consider the fund's considerable risks before buying a share. ...