RupeeCase
Education . Fund Selection . 1 of 3
The Since Inception Trap
One fund advertises 18.9% since launch.
The other, 13.0. The 13 is the better fund.
Fund A . the hot new one
18.9%
Since inception
Only 6 years old. Born the month the market bottomed.
vs
Fund B . the boring old one
13.0%
Since inception
15 years old. Sat through two full cycles.
The part the number hides
A launch date is not a track record. The bigger number just had the luckier birthday.