How important are rankings of managed funds’ results during the past 12 months? How should investors interpret them? In a key sense, rankings ARE important – but NOT in the way the mainstream assumes. At this time of year, and again at mid-year, when they come thick and fast, as an investor you should heed them in one respect only: use them to consider culling funds that have … [Read more...] about Investors, beware: It’s THAT time of year again!