Fund Criteria

Physician's Money Digest, October15 2003, Volume 10, Issue 19

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.