How To Find The Best Style Mutual Funds 3Q23

With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly difficult task. How can investors change the game to shift the odds in their favor?

Don’t Trust Mutual Fund Labels

There are at least 922 different All Cap Value mutual funds and at least 5,677 mutual funds across twelve styles. Do investors need 473+ choices on average per style? How different can the mutual funds be?