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| Author: | Clarfeld, R. Bernstein, P. |
| Title: | Risk and return in mutual fund selection |
| Journal: | Journal of Accountancy
1997 : JUL, VOL. 184:1, p. 45-49 |
| Index terms: | ACCOUNTING PUBLIC ACCOUNTING RISK |
| Language: | eng |
| Abstract: | Mutual fund investors still get only half the story. The focus -- in both the financial press and in advertisements -- is on investment return, often precisely quantified by historical returns over several time intervals, with any mention of the fund's relative risk relegated to imprecise generalities. Investors -- and the CPA who advise them -- need objective criteria concisely communicated to enable them to understand the risks that accompany these returns so they can make rational mutual fund selections. |
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