Money – Protect and Grow

Author Russel Kinnel walks readers through the handful of key factors they need to pick winning funds. Armed with the quantitative data and qualitative research, they will gain the confidence to pick great funds for the long-term. This book will be accompanied by a web-based tool created by Morningstar, which will enable readers to evaluate their own funds using Kinnel’s criteria.

Written in a fun and accessible manner, The Fund Spy offers Kinnel’s unique insight as a 14-year Morningstar fund analyst. He speaks plainly about the conflicts that can go against investors’ interests, explaining how to avoid traps and push out the slick sales pitches facing today’s investors. He also offers several “10 lists,” which provide quick answers to investors’ most common questions (e.g., the Top 10 Funds to Recommend to Relatives, the 10 Best Contrarian Managers, the 10 Most Overrated Managers).

If you’re serious about picking the right investments for your portfolio, Fund Spy will put you on the right track.

Nobody is more familiar with mutual funds than author Russel Kinnel, the Director of Mutual Fund Research for Morningstar, Inc. and Editor of Morningstar® FundInvestor, a monthly newsletter for individual investors. He has spent over 15 years researching mutual funds and meeting with the people who manage them. Now, with Fund Spy, he offers unparalleled guidance that will sharpen your investing skills and help you find the best funds for your portfolio.

Filled with in-depth insights and expert advice, Fund Spy arms you with the information needed to intelligently screen and select a variety of funds. While both effective new strategies and time-tested techniques are outlined throughout this reliable resource, all of the methods here will help you avoid common mistakes and outperform the average investor.

Page by page, Fund Spy puts this process in perspective with detailed discussion of:

• How to find managers who invest millions of their own money in their funds

• Why fund expenses really matter

• Using a fund’s performance to understand its risk and reward profile, as well as its behavior in different types of markets

• How to find great fund managers and teams

• And much more

Combining quantitative data with qualitative research, Kinnel highlights key factors that drive fund performance and writes candidly about the industry’s conflicts of interest that can harm investors.

Don’t settle for high-cost, poorly run funds simply because they fell into your portfolio or someone is touting them. Follow the guidance found in Fund Spy and you’ll quickly discover what it takes to research and buy the right funds. Three months from now, you may not see a difference, but you will see a dramatic difference in five or 10 years, when the power of compounding has substantially grown your portfolio and put more money in your pocket.