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Know Your Fund's Manager

Savvy mutual fund investors know the person who manages a fund and makes the investment decisions can have a huge impact on the fund's long-term gains. So, it's good to know when a manager leaves the fund -- or is replaced by some upstart.

That's news that fund companies aren't eager to advertise, however, and it sometimes takes months for a fund investor to hear a new person is at the helm. It gets easier to keep track of management changes, and other mutual fund information, with CPA Roy Weitz's Fund Alarm.

This is a non-commercial site, with none of the advertising that might confuse you at other financial sites. Weitz doesn't appear to be selling anything, he just wants to share crucial information about how mutual funds are run.

The site's list of changes in mutual fund managers is updated once a month, usually on the first of the month. Besides that valuable list, Weitz also ranks funds by his own system, based on how they have performed in relation to other funds in their "peer group."

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