Mutual-fund investors often are criticized for steering their investment course with their eyes on the rearview mirror -- that is, past performance.
Lately, that backward view has been getting nicer and nicer.
Stock-fund performance looking back over three years -- a common time period for fund buyers to consider -- has gotten rosier as the bear market of 2000 to 2002 has receded into history.
Are Mutual Funds on a Roll?
Source: WSJ Online (subscription required)
Are Mutual Funds on a Roll?
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