pointed out in the past,
popular star ratings tend to favor mutual funds that happen to be in hot sectors of the market. At the end of last year, for example, even mediocre technology funds had more stars than a major general.
But what about standout funds in star-crossed sectors? This week's The Big Screen sifts for stellar performance among funds that have earned only one or two stars on Morningstar's five-star scale. These funds illustrate the drawbacks of making investing decisions based solely on stars.
Also coming Saturday in Personal Finance Focus:
- Mark Ingebretsen examines three Web sites that help you determine the level of risk in your portfolio in Tools of the Trade.
Tracy Byrnes explains how to carry forward tax losses in Tax Forum.
We list the week's top-performing mutual funds, fund sectors, exchange-traded funds and HOLDRs in the Weekly Scorecard and the ETF and HOLDRs Weekly Report.
We'll also have Stock in the Spotlight. See you Saturday.