How much of Fidelity Select Fundranker’s performance presented in the newsletter and on the website is due to back testing vs. forward performance?
The Fidelity Select Fundranker system was developed in early 2003 using back testing on historical data from December 31, 1995 through early 2003. Performance of the Top Eight Model Portfolio for the first six plus years (1997 through May 30, 2003) therefore is hypothetical and attributable to the back testing period, but the Top Eight Model Portfolio’s forward performance from June, 2003, when the editor first began using it for his own investments, still has beaten the S&P 500 Index (as measured by Fidelity Spartan 500 Index Fund) hands down. Review Fidelity Select Fundranker charts and results, compare the period from January, 1997, through May, 2003, with the period from June, 2003, forward, and see for yourself that it has performed phenomenally in both periods.
Related Questions
- How much of Fidelity Select Fundranker’s performance presented in the newsletter and on the website is due to back testing vs. forward performance?
- CPT 96125 is "standardized cognitive performance testing." How do I determine that the tests I select are acceptable (i.e., standardized)?
- Is Fidelity Select Fundranker tracked by Hulbert Financial Digest?
