Best Investment

Despite claims by some mutual fund salespeople that high expenses somehow equate with superior performance, data from TheStreet.com Ratings indicate that those who penny-pinch can do quite well in risk-adjusted returns.

TheStreet.com Ratings’ database of open-end stock funds was screened to filter out new and unstable funds with less than $1 million in total net assets. We also included retail funds with initial investment requirements of no more than $50,000.