Turnover is Not Good...
Posted by steve in
Uncategorized on 08 27th, 2009 |
No Comments
Turnover ratio of 20% is good.
Turnover ratio of 280% is not good!
Turnover ratio tells us the amount of buying and selling by the money managers inside of your mutual fund. We have some statistics on the turnover inside of the average mutual funds and they are not very good. When all funds are included...