Series 66: 3.1.6.1. Mutual Fund Manager Tenure

3.1.6.1. Mutual Fund Manager Tenure

Returns of mutual funds that have had the same manager for a lengthy tenure (at least five years) are more reliable than mutual funds that have new managers. For example, assume that a specific individual has managed a mutual fund for more than 10 years and has an average return of 10%. Another fund also has an average return of 10% but has just switched managers. Even t