Fund Mojo: The Art of Discovering Fund Managers
Fund Mojo provides services and tools to help investment professionals and individual investors discover best mutual fund managers so that they can achieve private equity return without hefty fees. Given that more than 70% of mutual funds cannot beat index consistently, it is not worthwhile to invest in an actively managed mutual fund if an investors doesn't have the conviction that his mutual fund manager can navigate the market better than a random collection of indexed stocks. By looking deep into a fund manager's history, risk adjusted performance, portfolio holdings and transactions, Fund Mojo systematically analyzes 26000+ mutual funds and help investors and financial professionals find the top 2% of mutual fund managers who have been with their fund for more than 5 years and can consistently beat the market with low fee and lower risk. Combining this information with better asset allocation model and in-depth fund analysis and top stock holdings, Fund Mojo empowers its users with the knowledge to achieve superior returns over time.
How Fund Mojo evaluates mutual fund managers
** Fund performance needs to be accomplished by the same mutual fund manager on a consistent basis. We give great credit to a mutual fund manager who can outperform its fund category peer on a consistent basis over many years. If the performance is not generated by the same mutual fund manager (ie. recent manager changes), then it is hard to predict whether the same mutual fund will continuously perform well in the future.
** Fund performance needs to accomplished under reasonable volatility. Some mutual funds have great returns on average over years, but the magnitude of up-and-down is significant that they are not suitable for most investors to tolerate. Top mutual funds on our list have great Sharpe ratio and up-year vs down-year track record.
** Fund expense should be in-line with the category. We realize that great mutual fund managers do not come cheap and small mutual funds need to charge a higher fee to survive, so we added some buffer for these fund managers, but it is important for investors not to pay super-premium for a mutual fund.
** Safety. While there are great upside to be accomplished, top investors stay in the game because they don't lose money over difficult time. We put weight on a fund's ability to survive bear market and not to lose a lot of money over a 3 year downturn.
For more information on Fund Mojo, its newsletter and services, please visit Fund Mojo at http://www.fundmojo.com
View a sample portfolio built based on Fund Mojo: http://www.fundmojo.com/
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