How to pick the best mutual fund
Consider whether you prefer an actively or passively managed fund. The right option typically depends on your risk tolerance.
“It makes sense to choose an actively managed mutual over an index fund if you feel a certain sector or asset class lends itself well to potential outperformance, or risk-adjusted outperformance, relative to the index it tracks,” said Mark Andraos, a certified financial planner and associate portfolio manager at Regency Wealth Management.