Advanced
Manager changes, capacity and incentives
A mutual fund is operated by people and organizations with responsibilities and incentives. Changes in that structure can matter even when the fund's name and objective...
Read articleFOLITIC / Mutual Funds
Mutual Funds Investment Guide
Understand how mutual funds work, compare their costs and risks, and build a disciplined investment process. Follow eight stages from pooled ownership to portfolio construction and ongoing research.
Start with What you own when you buy a mutual fund, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading.
Explore the learning path
Browse by topic
Research and Ongoing Review · All lessons
Research and Ongoing Review
Evaluate people, incentives and changing evidence before making a decision.
Advanced
Taxes, distributions and account location
The tax treatment of mutual fund income and sales depends on the investor, account and jurisdiction. Before comparing funds after tax, identify which rules actually apply...
Read article
Advanced
When to hold, review or replace a fund
A fund review should test the reason for ownership. Recent returns are part of that evidence, but replacement decisions also require attention to mandate, costs, implementation...
Read article
Advanced
A complete mutual fund research case
A complete fund review combines documents, calculations and portfolio purpose. This fictional case brings those pieces together without turning a short checklist into a promise of...
Read article