Lipper Adds Another Leader to the Pack
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Lipper is adding three Lipper Leader ranking systems on July 30: Total Return, Tax Efficiency and Expense. The systems will only be available in the US, but next year Lipper will launch the Expense and Total Return ranking systems globally.
The first of Lipper’s new ranking systems, Total Return, ranks mutual funds within a specific category; for example, large caps are measured against other large caps.
Tax Efficiency is a wealth measure that looks at how much money is invested and at tax
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