To see what Morningstar analysts are saying about the latest news, Click Here . To order reprints of this article, click here . E-mail Article to a Friend Mutual fund investors know that a fund's style can make or break performance in a given year.
Most funds go through highs and lows, depending on when their styles rotate in and out of favor.
In fact, as ideal as they might be to own, it's tough to pick funds that beat the competition year in and year out. But some offerings have done just that, overcoming the handicaps presented by their styles. Indeed, several of these offerings have produced gangbuster results in up markets, and prevented a massive slide during sell-offs. Thus, they've been able to beat their category rivals consistently. It's particularly interesting to note that a majority of funds in the category posted their best annual return in 1999 and their worst in 2000.