The Money Coach's Guide to Top Funds, 1999
Description
Contains Illustrations, Index
$18.95
ISBN 0-201-47795-5
DDC 332.63'27
Publisher
Year
Contributor
Monika Rohlmann is an environmental consultant in Yellowknife, Northwest
Territories.
Review
Moynes and Nairne work in the mutual fund industry and are seasoned
financial writers.
The book begins with an overview of mutual funds that includes industry
definitions, types of funds, and the application of
purchasing/management fees. The authors then select the top funds by
applying a unique selection method that evaluates the consistency,
efficiency, and risk data of each fund. Chapter 3 details 100 top funds
in each investment category and provides one-page summary discussions of
each fund and color graphs of its performance. This effort is capped
with a review of 1800 Canadian mutual funds that provides information on
up to 15 years of performance records, comparisons with returns to
guaranteed-investment certificates, and details on associated management
fees. Using the top funds as a foundation, the authors lay out a sample
portfolio. The final chapter reviews additional strategies for boosting
your returns (such as the “buy and hold” strategy vs. “bob and
weave”), income splitting, and tax-efficiency tips.
For those who rely on mutual funds as their main investment vehicle,
this concise and thorough guide is indispensable.