Year to Date Performance

All of the 30 funds on the list have a positive performance year-to-date through 8/14/2012. The following are the top six and bottom 6 performers for the year so far, listed by their numerical rank and the percentage increase in market price.

A couple of questions:

1. You've got growth funds in with value funds in with balanced funds in with international funds. Isn't this like comparing apples and oranges???

Yes.

2. Since mutual funds are a long-term investment, isn't the practice of following and comparing short term performance essentially meaningless, inane, and potentially misleading???

Yes.

Okay!!! here are the results.


Top 6

1. Fairholme                            27.17%


2. Third Ave. Value                16.72


3. Bridgeway Agressive          14.33


4. Mairs and Power Growth    14.30


5. Kinetics Paradigm               13.89


6. Fidelity Contrafund             13.18


Bottom 6

30. Litman Gregory International        5.80%


29. Franklin Balance Sheet                  5.84


28. Oakmark Equity and Income         5.99


27. FPA Crescent                                 6.30


26. Franklin Small-Mid Cap Growth   6.33


25. Perkins Mid-Cap Value                 6.39




(All performance data is from Morningstar.)