Funds with Legs for the Long Run
Past performance may not be a guarantee of future results, but it can help identify some worthy mutual funds. The semiannual S&P Mutual Fund Performance Persistence Scorecard tracks the consistency of top performers over consecutive three- and five-year periods. The survey uses "apples to apples" comparisons, so large-cap funds vie with other large-caps, not with mid- or small-cap portfolios.
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