The importance of a 5-star rating
- May 2, 2018
- Posted by: fortunatetrader
- Category: Market
It’s a rising star! Oh, the star just fades.
Go ahead and try taking a list of the top-rated mutual funds from Morningstar inc from just a few years ago and look at them now. It makes you reflect because many of the once-proud “rising star funds”, are now dropping from once being five stars rated to four stars, three stars, or even worse.
So what are the lessons to be learned from that?