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2008 Fund Report Cards — by Category

2008 Fund Report Cards — by Family

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Which Fund Families Have the Best Managers?

Alpha is the difference between a fund’s actual performance and the performance anticipated in light of the fund’s risk (beta) and the market’s behavior.  In other words, the value delivered by the fund’s manager above the relevant investment category’s benchmark index.  As a family, Davis Funds managers added the most . . .

Fund Family 3-Yr Alpha
Davis 2.23
Dimensional Invest Group 2.10
GE Investment -0.53
Harbor Funds -0.58
Alger Funds -1.46
Thrivent for Lutherans -1.50

The complete report on all 113 fund families in the study is only available to subscribers.

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