Globe and mail fund filter
The Globe and Mail Fund Filter is a tool used to evaluate and rank mutual funds based on their performance and characteristics. It is a proprietary system developed by The Globe and Mail, a Canadian newspaper and online news organization.
The Fund Filter uses a combination of metrics to evaluate mutual funds, including:
- Risk-adjusted return: This measures a fund's performance relative to its risk level.
- Consistency: This evaluates a fund's ability to deliver consistent returns over time.
- Style: This assesses a fund's investment style, such as growth, value, or income.
- Size: This considers the size of the fund and its potential impact on performance.
- Fees: This evaluates the fees charged by the fund and their impact on returns.
- Manager tenure: This assesses the experience and tenure of the fund manager.
- Portfolio turnover: This measures the frequency with which the fund manager buys and sells securities.
The Fund Filter uses a scoring system to rank funds based on these metrics. The scores are then used to create a list of top-performing funds in various categories, such as:
- Overall: This list ranks funds based on their overall performance and characteristics.
- Sector-specific: This list ranks funds based on their performance in specific sectors, such as Canadian equities, international equities, or fixed income.
- Style-specific: This list ranks funds based on their investment style, such as growth, value, or income.
The Globe and Mail Fund Filter is updated regularly and is available online. It is a useful tool for investors looking to evaluate and select mutual funds that align with their investment goals and risk tolerance.