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Why picking last year's best fund backfires

PensionCraft 0:43

1,540 views · 26 likes Watch on YouTube ↗

The fund managers topping this year’s table look like the safe pick, but researchers who tracked the best quarter of European stock-picking funds found something surprising five years later: only 12% were still at the top. Where did the rest end up? The answer is the best reason not to choose your first fund from a best-performers list.

For education only, not financial advice.

Category (YouTube): Education

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