TheStreet.com October 19, 2007 ING Funds - (Page 1) TheStreet.com | RealMoney.com | Street Insight Jim Cramer News & Analysis Personal Finance Markets Video and Audio TheStreet University Subscription Services Friday, October 19, 2007 Mutual Fund Investing Top Five ‘Ultra’ Fund Families By Kevin Baker TheStreet.com Ratings Senior Financial Analyst 10/19/2007 12:12 PM EDT Now that the third quarter has drawn to a close and we have updated our mutual-fund ratings, it’s time to look back at how the 437 fund families TheStreet.com Ratings tracks have placed in our “ultra” fund family contest. To be considered an “ultra” fund family, an investment house needs to place more funds on our quarterly list of the top 200 openend funds than its peers. That list is being published in the Fall 2007 edition of our TheStreet.com Ratings Guide to Stock Mutual Funds, available for purchase from Grey House Publishing (518789-8700) or for free at the reference desk of your public library. There’s been a subtle but significant innovation in our methodology: we are now using a single, primary share class to represent each fund in the rankings. Previously, every share class of a fund, with a high enough rating could be listed in the top 200 table. Now only the primary share class makes the list. The change eliminates a valid criticism that multi-share fund classes were skewing the results for a portion of the competition. The outcome is a dramatic reshuffling of the leaders. Whenever possible, the selected fund is one that a retail investor might choose. As this share class may not be the appropriate one for you, please consult with your financial adviser, the fund company, and the fund’s prospectus before buying any investment vehicle. Now that the clone war is over, the new galactic fund empire is lead by Fidelity, with 15 different funds on our top 200 list. Vanguard comes in second with eight, followed by Columbia Funds, a unit of Bank of America (BAC) and Morgan Stanley (MS) with seven each. ING Investment, a unit of ING Groep (ING), with six, rounds out the top five “ultra” fund families. Due to the crowding effect of multiple share classes, none of these five fund families had more than four unique funds on last quarter’s top 200 list. Honorable mention also goes to AIM Investments, a unit of Invesco PLC (IVZ); American Century Investments; Dimensional Investment Group; Dreyfus, a unit of Bank of New York Mellon Corp (BK); Franklin Templeton, a unit of Franklin Resources (BEN) and JPMorgan Funds, a unit of JPMorgan Chase (JPM). Each of these families placed five funds in the top 200. The sprint may have changed, but the team portion of the “ultra” Fund Families With 100 or More Rated Funds Fund Family Name American Funds Allianz Global Investors T. Rowe Price MFS Columbia Funds Nationwide Funds Hartford Funds, The AIM Investments Franklin Templeton RiverSource Investments Vanguard BlackRock Van Kampen Fidelity American Century Investments ING Investments, LLC Morgan Stanley # of Funds Rated 211 127 117 291 454 194 189 165 192 165 128 214 145 617 173 318 183 Top 30% 61.60% 53.50% 47.00% 45.00% 43.00% 40.70% 39.70% 38.80% 38.50% 38.20% 37.50% 35.50% 35.20% 34.40% 34.10% 30.50% 30.10% Middle 40% 36.50% 36.20% 46.20% 35.10% 42.10% 41.20% 49.20% 39.40% 41.70% 38.80% 51.60% 38.30% 44.80% 45.10% 43.90% 37.10% 39.30% Bottom 30% 1.90% 10.20% 6.80% 19.90% 15.00% 18.00% 11.10% 22.40% 19.80% 23.00% 10.90% 26.20% 20.00% 20.60% 22.00% 32.40% 30.60% # of Funds Fund Family Name Rated Dreyfus/Mellon Funds 256 JPMorgan Funds 234 OppenheimerFunds 170 Wells Fargo Advantage Funds 222 Pioneer Investments 100 MainStay Funds 106 Alliance Bernstein 306 Principal Financial Group 358 Goldman Sachs 129 DWS Scudder 154 MassMutual Funds 125 Pacific Life Funds 117 Rydex Funds 147 Putnam Funds 383 Legg Mason 102 Delaware Investments 101 Source: TheStreet.com Ratings Top 30% 29.70% 29.10% 28.80% 27.50% 26.00% 25.50% 24.80% 24.30% 20.90% 16.90% 16.00% 15.40% 14.30% 13.30% 7.80% 3.00% Middle 40% 40.20% 46.20% 44.70% 45.00% 39.00% 38.70% 63.10% 51.10% 41.90% 35.70% 48.00% 41.00% 23.80% 25.30% 26.50% 53.50% Bottom 30% 30.10% 24.80% 26.50% 27.50% 35.00% 35.80% 12.10% 24.60% 37.20% 47.40% 36.00% 43.60% 61.90% 61.40% 65.70% 43.60% http://www.TheStreet.com http://www.RealMoney.com http://www.TheStreet.com http://www.TheStreet.com http://www.TheStreet.com http://TheStreet.com
Table of Contents Feed for the Digital Edition of TheStreet.com October 19, 2007 ING Funds TheStreet.com October 19, 2007 ING Funds TheStreet.com October 19, 2007 ING Funds - (Page 1) TheStreet.com October 19, 2007 ING Funds - (Page 2)
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.