Looking for a good fund that won't nickel and dime clients? Russ Kinnel, a mutual fund analyst at Morningstar, recently ranked the “five-year, asset-weighted relative” performance of prominent fund families, adjusted for loads. He admits that it's a tricky and imperfect endeavor — particularly in the absence of breakpoint considerations and other factors, like how much of a fund's business sits in the cheaper institutional channel. Still, he asserts, the load-adjusted figures provide a useful guideline for advisors and their investors.
|Fund company||Percentile rank before loads||Percentile rank after loads|
|T. Rowe Price||25||22|
|Note: All rankings are based on five-year, asset-weighted performance.|