The Top Funds Over 5 Years: Surviving the Claws of a Bear Market
by John Markese
Focusing on a single years performance for a fund can lead to less than optimal long-term investment decisions, particularly when the performance for the year is a runaway hit or, as in 2008, simply dismal. Five-year fund performances put fund managers to the test of how their strategies work in varied market environments, and the last five years have been nothing if not varied.
So, what did it take to be a top fund in the tryingand, at times, chaoticmarket environment of the last five years?
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