Mutual funds are only as good as the people behind them: the fund managers who make the investment decisions. Because the fund manager is the person most responsible for a fund's performance, it's important to know who calls the shots for your mutual fund—as well as how long he or she has been doing it. Make sure that the manager who built the majority of the fund's record is still the one in charge. Otherwise, you may be in for an unpleasant surprise. We'll return to the issue of fund management later.
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