Since its 1986 launch, our Mutual Fund Scoreboard has been one of BUSINESS WEEK's most popular features. We were one of the first to include risk--not just returns--in determining the value of a fund. Those with superior risk-adjusted returns get the highest ratings. And we require a five-year track record before rating any fund.
Under the direction of Senior Writer Jeffrey M. Laderman, we have expanded the Scoreboard over the years, nearly doubling the number of equity funds included, adding more data, and publishing separate Scoreboards for bond funds and closed-end funds.
But frankly, it's getting tough to keep up with the exploding mutual-fund world on paper alone. That's why we're introducing the BUSINESS WEEK Interactive Mutual Fund Scoreboard on our Web site, www.businessweek.com. The Scoreboard printed in this issue contains data on 885 funds, but on BUSINESS WEEK Online, we're offering data on nearly 2,300, plus total returns for multiple periods, from a month to 10 years. You also get crucial data, such as the fund's risk level and expense ratio. And, of course, BUSINESS WEEK's ratings.
The online Scoreboard also gives you several ways to search for funds: by name or by category, by best 1- or 10-year return, or by rating. Perhaps best of all, we'll update the entire online Scoreboard monthly, not just annually.
In addition to our new Scoreboard, investors will find plenty of other timely and useful information on BUSINESS WEEK Online, both on the Web and on America Online. Our Investors Central area features a browsable collection of Inside Wall Street columns and investment-oriented stories from the magazine. If you missed our "Where to Invest in 1998" package, you can find it all here (with several online-only extras).
Investors will also want to check the BUSINESS WEEK Online Daily Briefing, which offers a preview of possible market activity and snapshots of closing info for markets worldwide. The Daily Briefing is also where BUSINESS WEEK reporters break news that happens between issues of the magazine and provide additional stories, such as a new weekly personal-finance column by Senior Writer Robert Barker.
We'll keep adding new investing features, many in cooperation with our McGraw-Hill Companies colleagues at Standard & Poor's Personal Wealth (www.personalwealth.com), a brand new Web site designed specifically to guide individual investors. We think the combination of BUSINESS WEEK and S&P will be one that investors find unbeatable, in cyberspace or anywhere else. Visit us online soon, and keep coming back as we grow in the future.