Judge This Fund By Its Holdings, Not Its Methodology

Traditional fund research would tell you this Mid Cap Growth fund is more attractive than its holdings indicate. Despite a seemingly sound investment methodology, analyzing the fund’s holdings reveals a portfolio that is inferior to both its benchmark and the S&P 500. Add in above-average costs and future outperformance looks unlikely. Delaware Ivy Mid Cap Growth Fund (WMGAX) is in the Danger Zone.

Forward-Looking Research Protects Investors

Most legacy fund research is backward-looking. In other words, it is based on past price performance. My fund research takes a forward-looking approach based on fundamental analysis on each individual holding.