Favor new funds run by managers with some previous mutual fund experience, and be sure to scrutinize their records. Some prospectuses will include the manager's experience, while others won't. Check out the fund family's Web site for more information, or examine the fund's Fund Report, if available. (Morningstar doesn't always have Fund Reports for brand-new funds.) Be sure that the manager will be practicing a similar style at the new fund as he or she did with their previous fund.
What Is the Manager's Strategy? >>