To qualify for the Barron’s Fund Survey, a fund family must have at least three funds in Lipper’s general equity category, one in world equity, one mixed-asset fund (such as a balanced or target-date fund), two taxable-bond funds, and one national tax-exempt bond fund. Fund loads and 12b-1 fees aren’t included in the calculation of returns because the aim is to measure the manager’s skill.
infographic by: www.nylinvestments.com
