Abstract

<i>Consumer Reports</i>, the highly regarded evaluator of automobiles, appliances, and a wide variety of other products, provided readers with mutual fund recommendations in 2005 and 2007. Sufficient time has now passed to allow for a rigorous empirical investigation of the returns and risks arising from investing in the mutual funds proposed by <i>Consumer Reports</i>. Examination of raw returns, risks, and risk-adjusted returns indicate that <i>Consumer Reports</i>’ choices outperformed mutual funds, in general, and index funds over the subsequent five years. Further investigation indicates that <i>Consumer Reports</i>’ relative success was especially good during the 2008 recession. <b>TOPICS:</b>Mutual fund performance, information providers/credit ratings

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.