CI Market Dashboard

We have put together a collection of market indicators and track them to help you gauge the direction of the market.


CI Analysis Worksheets

Interactive analysis templates covering DuPont analysis (return on equity), valuing stocks the Warren Buffett way, and more to come.


CI Blog Feed

Big Changes at Apple
posted 3 hours ago by Joe Lan

Facebook Beats Estimates as Advertising Revenue Grows
posted 4 hours ago by Wayne Thorp

Apple Beats Estimates; Announces 7-for-1 Stock Split
posted 4 hours ago by Wayne Thorp

ValueWalk.com for Value Investors
posted 1 day ago by Jaclyn McClellan

Tech Earnings
posted 2 days ago by Joe Lan



Computerized Investing > Third Quarter 2013

The Top Mutual Fund Screening Services

PRINT | | | | COMMENTS (4) | A A   Reset

by Joe Lan, CFA

At AAII, we provide numerous stock screens that are designed to allow investors to see how well different investment strategies have performed over the course of time. These stock screens offer a glimpse of the types of characteristics that strong stocks exhibit. Additionally, these screens offer users a way to winnow down a huge universe of stocks to a more manageable number so that you can perform further research on stocks worthy of your time. With thousands of exchange-listed companies to choose from, investors would be overburdened by the sheer number of possibilities if it were not for some screening method.

And while stock screening is widely used by investors, mutual fund screening seems to take a back seat. However, this should not be the case. The universe of mutual funds is actually much more expansive than the universe of stocks. While most of the top stock screeners available to individual investors cover a universe of around 5,000 to 10,000 companies, mutual fund screeners usually contain over 20,000 mutual funds. Furthermore, individual investors are more apt to invest in mutual funds than in individual stocks. According to ICI, U.S. households owned $14.7 trillion in mutual funds, ETFs, closed-end funds and unit investment trusts in 2012. Therefore, it can easily be argued that screening is more useful to mutual fund investors than to stock investors. But which fund screeners are worth looking at?

...To continue reading this article you must be a Computerized Investing Subscriber.

Gain exclusive access to this article and all of the benefits and investment education a Computerized Investing subscription offers.

SUBSCRIBE TODAY for just $24.
Log in
Already a CI subscriber? Login to read the rest of this article.

Subscribe
A subscription to Computerized Investing includes a monthly email and access to the CI Website, all of which aim to benefit your investing skills with respect to computers and the Internet.