Is your fund consistent?

Here's a simple example: Fund A may have earned a 20% average return in each of the last three years. By comparison, Fund B may have stalled for two years in a row, earning negligible returns, before reporting a stunning 60% return in year 3. Both funds have an average 3-year return of 20%. Which one is better? Fund A, of course, because it's more consistent.

How do you know if your fund is consistent? How can you get data about mutual funds consistency? Right here. Using the menu bar at the top of this page, click on the "Fund Info" TAB and from there on the Ranking Tools option. There, you can rank funds in each category by consistency and a number of other criteria. Consistency is measured by the percentage of times in which the fund out-performs its peers. Take advantage of this exclusive tool from FundScope, the only one of its kind in Canada.