Whether you use an advisor or you do it yourself, it's a good idea to have a few websites to help you research mutual funds.
Although there are plenty of resources, such as mutual fund company websites, prospectuses, and financial periodicals, that provide information on mutual funds, there are just a handful of sites that specialize in providing unbiased facts and details on almost every mutual fund in the investment universe.
If you want to get the most information available on mutual funds, you'll definitely want to try one or all of the sites below.
Best Resources for Researching and Analyzing Mutual Funds
In no particular order, here are 6 of the best resources for researching and analyzing mutual funds:
- Morningstar may be the most well-known mutual fund research firm by individual investors. There are useful research reports, portfolio trackers and articles available on the site—some free of charge and others for a subscription fee. Morningstar also offers research on stocks, 529 plans and hedge funds. The premium subscription includes fund analysis and recommendations and the free subscription includes access to many articles, fund screeners and portfolio performance tracking.
- Lipper is useful to both professional mutual fund advisors and individual investors. Lipper rates mutual funds compared to their peers and provides an instant measure against five metrics—total return, consistent return, preservation, expense, and tax
- Kiplinger’s Fund Finder is a tool that, with a simple entering of the fund’s symbol, you have access to a host of performance, style, and fee information. You can also start with selecting criteria—US, international, total return, expenses, etc.—and then let Kiplinger find a list of mutual funds that fit the bill.
- Mutual Fund Observer is a site that provides periodic commentary on all things mutual funds in the form of a newsletter to which investors can subscribe to. The newsletter provides fund profiles on mutual funds worth considering.
- Maxfunds has been described as a “free Web site with a cheeky attitude and a passion for no-load funds.” The site provides data on hundreds of funds in a number of categories. Funds are ranked according to key criteria such as expense ratio, market cap, and diversification.
- Fidelity offers access to thousands of mutual funds beyond their own. They also have outstanding resources for researching and analyzing up to 10,000 mutual funds.
Each investor will find that they have preferences for how they research mutual funds. Other than the quantity of information, you'll want to look for the quality and ease of use. See which resources work best for you. To get all the information you need, it is possible that you'll use more than one.
Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.