Fund Criteria

Wall Street Journal

Highlights

In the wake of New York AttorneyGeneral Eliot Spitzer's recent probe intothe alleged cozy relationship betweensome mutual funds and hedge funds, the has published a shortlist of criteria that investors can use tospot funds that treat their shareholderswell. : Look for low managementfees and a willingness to closefunds to new investors before they becometoo big to manage effectively. It'salso a good idea to find fund managerswho have a sizable stake in the fundsthat they run. Lastly, seek out funds runby managers who talk to investorsfrankly about strategic successes andfailures and about market conditions.