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...fact, 19% are now ranked with a one- or two-star rating, effectively placing them in the bottom half of funds on overall attractiveness. "These funds have relatively weak fundamentals that contribute negatively to the ranking," S&P's analysts note in their report. The reasons cited for such low star rankings: many own overvalued or risky stocks, have managers with short tenures, have high costs or offer poor long-term performance...

Author: /time Magazine | Title: Many Mutual Funds Are Up 50% in '09 — but Beware | 12/7/2009 | See Source »

...positive side, S&P named the Pin Oak Aggressive Stock fund as an example of a fund that performed strongly in 2009 and remains a good bet for 2010. The fund is up 71% so far in 2009 and "scored positively on S&P Fair Value and for its low-cost factors-components in the S&P fund ranking." The fund's portfolio manager, Mark Oelschlager, says his fund always seeks out stocks based on valuation and long-term investment. His fund started moving into cyclical stocks and increasing risk late last year at a time when "fear was rampant...

Author: /time Magazine | Title: Many Mutual Funds Are Up 50% in '09 — but Beware | 12/7/2009 | See Source »

Oelschlager also noted that his firm keeps a low expense ratio, keeps trading costs down and manages its portfolio in a tax-efficient manner...

Author: /time Magazine | Title: Many Mutual Funds Are Up 50% in '09 — but Beware | 12/7/2009 | See Source »

Generations of Sogola residents have watched their children fall ill each rainy season, laid low by diarrhea, a disease that kills an astonishing 1.6 million children under 5 every year, according to the World Health Organization...

Author: /time Magazine | Title: The Miracle Mineral | 12/7/2009 | See Source »

...your story on new bus lines [Nov. 23]: The amazing, low-cost fares offered by MegaBus and others come with a trade-off, terrible customer service. As a thrifty college student, I was thrilled when MegaBus started a route from Minneapolis back home to Milwaukee. The bus was regularly late. MegaBus lost me as a customer when it switched my departure time one evening without notifying me, and I waited until 1 a.m. for a bus that never showed up. When I tried to rectify the situation, I got nowhere. It's not worth the hassle...

Author: /time Magazine | Title: Inbox | 12/7/2009 | See Source »

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