By seadmin
The second quarter, 2011, Fabian Lemon List is in, and the results are a sour summer mix of 1,664 funds with over $1 trillion in assets.
But just what is a lemon fund?
This is our list of mutual funds that have underperformed their one-, three-, and five-year benchmarks.
While many of these funds have performed well over the last year, remember that they’ve still underperformed their one-, three- and five-year benchmarks. So, even if a fund is positive, it doesn’t mean it’s not a lemon.