Managed mutual funds have a tough time beating the "averages".
It depends on what you define as a good mutual fund: Morningstar rating of 3 stars or more for 1, 3, 5, and 10 year periods, performance of at least 75 percent of its custom benchmark, in the top 25 percent of its peers, tax efficiency, low fees, etc. Some do, some don't. You may want to choose from several fund families and get the better performing funds to make up your line up. Also don't overlook smaller fund companies like Dodge and Cox.
Not so great. They have many funds with a load and
the performance of most of their funds is just fair.
@exactduke said , use Vanguard, Fiderity or TR Price.
Why them?? I'd rather go with: Vanguard, Fidelity and/or TR Price.
They have a lot of different funds. They're a solid company