1. Mutual Fund Asset Size
  2. Fund I-Q No.3: Size and Style Compatibility
  3. Scoring Fund Size and Style Data
By Richard Loth (Contact | Biography)

This is the entry we need to complete in the Fund Investment Quality Scorecard for an analysis of a fund's size and style compatibility:




All the services we are using - Morningstar and Value Line - provide the numbers for historical total net assets, portfolio holdings and an indication of whether the fund is closed. However, only Morningstar's fund report provides any analytical comment on the issue of asset size. The "Morningstar's Take" section will comment on the compatibility of the fund's size and its investing style, if these are worthy of comment. Morningstar will anticipate a size problem, first at a level of "concern". If the problem persists and/or escalates, this can turn into an outright "warning" that the fund should be closed.

Logic tells us that the absence of concern or warning comments is a good sign and indicative of a positive fund investment quality. With this Fund I-Q measurement, no news is truly good news.

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