Funds for the Long Term

Philip Edwards of S&P Select Funds looks for consistency and quality of management when making his picks

Like everyone else focused on growth stocks, mutual-fund investors have been hit hard by the tech-stock collapse. But funds have fared slightly better than the S&P 500, and a few are standouts, according to Philip Edwards, managing director of Standard & Poor's. He's responsible for the S&P Select Funds listing.

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