Breaking Up With Your Fund

The subject of when to sell a mutual fund has been given nowhere near the amount of ink (and keystrokes) as when to buy one. But the subject is important as more investors conclude that "buy and hold" may not be valid with many funds. The decision becomes all the more difficult as unlike buying a fund, no fund manager will trigger a sell on his fund. Moreover, with the advent of open-end funds, which exist without a term, unlike closed-ends which naturally come to an end on redemption. There are several factors that make selling a fund appropriate - a fund's unsuitability to your portfolio, a deteriorating performance, a change

This article was originally published on June 12, 2001.