The paper is the NJ (Newark) Star-Ledger. It is supposedly fully on line to subscribers, but most of it is on nj.com. Try here--http://studio.financialcontent.com/Engine?Account=nj&PageName=MARKETSUMMARYThe listing is titled "How to Read our Year-End Mutuals". Its source is not indicated, although I presume most of their financial content comes from wire services. Star-Ledger is a Newhouse paper.Of course, now we know the S&P return for the year is 9%--not bad compared to the 11% considered typical. But I know friends reporting 25% returns. So good managed funds did well, but index funds were average.Both Vanguard and T Rowe Price did quite well. Most of theirs are ranked 1 or 2.For index funds, there is little margin for error. So sure, low costs are essential to be a top rated fund. For managed funds, the potential range is much wider.Fidelity's bond funds did OK, but most of the others were also rans.
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