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		<title>The Best Of The Very Best Mutual Funds</title>
		<link>http://247wallst.com/2008/02/07/the-best-of-the/</link>
		<comments>http://247wallst.com/2008/02/07/the-best-of-the/#comments</comments>
		<pubDate>Thu, 07 Feb 2008 12:41:38 +0000</pubDate>
		<dc:creator>247wallst</dc:creator>
				<category><![CDATA[Mutual Funds]]></category>
		<category><![CDATA[CGMFX]]></category>
		<category><![CDATA[DODFX]]></category>
		<category><![CDATA[FAIRX]]></category>
		<category><![CDATA[HABDX]]></category>
		<category><![CDATA[MCHFX]]></category>
		<category><![CDATA[MUHLX]]></category>
		<category><![CDATA[OAKIX]]></category>
		<category><![CDATA[PRFDX]]></category>
		<category><![CDATA[PRMSX]]></category>

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		<description><![CDATA[Deciding which mutual funds make the best investments is especially hard because there are thousands to pick from. Some are load and some are no-load. Some do well over a year, but poorly over five years. Some do well in up markets and some do better when markets are falling. 24/7 Wall St. looked at [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=247wallst.com&#038;blog=5450697&#038;post=6226&#038;subd=247wallst&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Deciding which mutual funds make the best investments is especially hard because there are thousands to pick from. Some are load and some are no-load. Some do well over a year, but poorly over five years. Some do well in up markets and some do better when markets are falling.</p>
<p>24/7 Wall St. looked at the &quot;Best Funds&quot; lists of the publications that have for years devoted a tremendous amount of their editorial effort to evaluating mutual funds. We conducted a &quot;meta-data&quot; study to find out which funds were on more than one list. The number was very small.</p>
<p><a href="http://www.forbes.com/forbes/2008/0128/097.html">Forbes</a>, <a href="http://money.cnn.com/magazines/moneymag/bestfunds/2008/actively.html">Money</a>, <a href="http://www.smartmoney.com/top25funds/">Smart Money</a>, and <a href="http://www.kiplinger.com/investing/kip25/">Kiplinger</a> do not have much in common in the ways they measure performance. Some of the ratings are based on simple one-year returns. Others weigh in multi-year performance. Still others look at performance volatility. Some funds are measured on how they will fit into a portfolio mix to drive the best and safest long-term pay-back.</p>
<p>Here are the nine funds that made more than one list</p>
<p>Matthews China Fund (MCHFX) Designed to be a long-term China investment which keeps over two-thirds of its capital in securities from that country. On the Smart Money and Forbes lists.</p>
<p>CMG Focus (CGMFX)&nbsp; Long-term appreciation focused and tends to invest in equities of a small number of companies at any one time. On the Forbes, Smart Money, and Kiplinger lists.</p>
<p>Harbor Bond International (HABDX) Invests for total return, primarily in corporate and government bonds in the US and overseas. On the Money and Kiplinger lists.</p>
<p>T Rowe Price Equity Income (PRFDX) Invests in well-established companies with higher than normal yields. On the Money and Kiplinger lists.</p>
<p>Dodge &amp; Cox International (DODFX)&nbsp; Invests for principle and income growth with 80% of assets from outside US. On both the Money and Kiplinger lists.</p>
<p>Fairholme Fund (FAIRX) Invests in no more that 25 equities at one time. May take positions in convertible preferred shares. On Kiplinger and Money lists.</p>
<p>T Rowe Price Emerging Markets Stock (PRMSX) Invests for long-term growth of capital. Eighty percent of investment in emerging markets in Asia, Latin America, and Middle East. On Kiplinger and Money lists.</p>
<p>Oakmark International (OAKIX) Invests in common stocks of companies in at least five countries outside the US at any one time. On Money and Kiplinger lists.</p>
<p>Muhlenkamp (MUHLX) Buys stock and fixed income in companies it believes are undervalued. On both Money and Kiplinger lists.</p>
<p>Additional fund description data from Money.</p>
<p>Douglas A. McIntyre</p>
<p>.</p>
<p>.</p>
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	<category domain="tickers">CGMFX</category><category domain="tickers">DODFX</category><category domain="tickers">FAIRX</category><category domain="tickers">HABDX</category><category domain="tickers">MCHFX</category><category domain="tickers">MUHLX</category><category domain="tickers">OAKIX</category><category domain="tickers">PRFDX</category><category domain="tickers">PRMSX</category>
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