Mutual Fund Overview

Browse by Fund Families, Fund Categories and the exclusive Premier List generated by Morningstar Associates. The Fund Comparison tool and Screener can also assist you in your search. Learn more about Mutual Funds.

Premier List Funds

The TD AMERITRADE Premier List has been updated by Morningstar Associates. Please be advised of the following changes:

1. After four years of being closed to new investors, Dodge & Cox Stock (DODGX) has reopened thus giving investors an opportunity to get into a top flight core value fund that is not always available. Due to the three fund limit, we've removed American Century Value Investor (ACTIX). Our view on ACTIX has not changed.

2. We have also added T. Rowe Price High Yield Bond (PRHYX) to the high yield category. The fund stands midway between the more aggressive Fidelity Capital & Income (FAGIX) and the comparatively conservative PIMCO product (PHYDX). Despite some recent turnover, we believe that this fund remains a strong option.

3. The Latin American category has been added since we have two good funds in our screening universe; T. Rowe Price Latin America (PRLAX) and Fidelity Latin America (FLATX).

4. T. Rowe Price Emerging Markets Stock (PRMSX) has re-opened to TD AMERITRADE retail investors and is now back on the Premier List.

The information, data and opinions contained herein have been provided by Morningstar Associates, LLC. Opinions expressed are as of the current date and may be subject to change without notice. Particular mutual funds on the Premier List may not be appropriate investments for you under your circumstances, and there may be other mutual funds or investment options offered by TD AMERITRADE that are appropriate. Past performance is no guarantee of future results. Morningstar Associates, LLC, is a registered investment advisor and wholly-owned subsidiary of Morningstar, Inc. The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar, Inc. and its affiliates are not related to TD AMERITRADE and its affiliates.

Premier List Funds (Updated as of 2010-07-01)

The TD AMERITRADE Premier List can help you easily identify mutual funds that have been rigorously evaluated by the independent experts at Morningstar Associates. They review the more than 13,000 mutual funds available through TD AMERITRADE, focusing on funds with no-transaction-fees (NTF) and narrowing the list to their top picks* for a range of asset categories to save you time with your investment research.

How to use the list

You can use the Premier List as a starting point for your research in building a diversified portfolio from scratch. Or consider a change to your portfolio by selecting a Premier List fund that you believe meets your investing goals.

The Premier List is organized in a "Core and Theme" portfolio structure. Below are guidelines you may want to consider in using the Premier List to help build a diversified portfolio:

Core Investments represent the basic building blocks of a well-diversified portfolio.
Primary Investments represent investments that may help supplement a core portfolio and provide additional diversification.
Advanced Investment Strategies contain specialized investment strategies that may be used for a specific purpose.
All-in-one Investments contain a broad range of asset allocation funds. It is designed to provide a diversified investment with a single fund purchase.

Morningstar Commentary

The Secret of Fairholme's Success

by Michael Breen | September 2, 2010 4:00a

A version of this article appeared in Morningstar FundInvestor.

Few mutual funds look or behave like Fairholme. That's by design. Manager Bruce Berkowitz knows that to beat the pack, you need to break from it, and he acts accordingly.

Berkowitz's process is the inverse of most managers'. He focuses on what could go wrong, not right, with potential investments. Only after determining that going bust isn't possible does Berkowitz look for a firm's positives. Even then he anchors on the here and now, shunning the projections and big assumptions about the future ... Full Story

Weitz Funds Follow a Predictable Path

by Michael Breen | September 1, 2010 4:00a

Change isn't a four-letter word at the Weitz funds, but it's rare and measured when it does happen. Wally Weitz has headed the firm since its launch nearly 30 years ago, and its strategy and process have never changed. Turnover among investment professionals is rare and the product mix has been focused and stable. Even the firm's one small, detracting feature has been a constant.

One Style Fits All
Weitz has a strong and established investment culture. Wally Weitz founded the firm in 1983 and is still at the helm, running the advisor and managing most of the funds ... Full Story

View all Commentary

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Before investing in a mutual fund, be sure to carefully consider the fund's objectives, risks, charges, and expenses. For a prospectus containing this and other important information, please contact the fund company or a TD AMERITRADE Client Services representative. Please read the prospectus carefully before investing.

*This list represents what Morningstar believes to be the 'top picks' funds in each category, from the universe of no-load funds with minimums less than $10,000 and open to new investors available on TD AMERITRADE's platform.

Risks of Commodity Mutual Funds
Commodity funds may be affected by changes in overall market movements, commodity index volatility, changes in interest rates or factors affecting a particular industry or commodity. Commodity funds may be subject to greater volatility than traditional funds and may not be suitable for all investors. Unique risk factors of a commodity fund may include, but are not limited to the fund's use of aggressive investment techniques such as derivatives, options, forward contracts, correlation or inverse correlation, market price variance risk and leverage.

Risks of Currency Mutual Funds
The value of the shares of a currency fund relates directly to the value of the foreign currency held by the particular product. This creates a concentration risk associated with fluctuations in the price of the applicable foreign currency. Unique risk factors of a foreign currency include national debt levels and trade deficits, domestic and foreign inflation rates, domestic and foreign interest rates, investment and trading activities of institutions and global or regional political, economic or financial events and situations. Currency funds may not be suitable for all investors. For a more complete discussion of risk factors applicable to each currency fund, carefully read the fund prospectus.

Risks of Bond Mutual Funds
Investments in bond funds are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Bonds and bond funds will typically decrease in value as interest rates rise.

TD AMERITRADE receives remuneration from fund companies participating in its no-load, no-transaction-fee program for record-keeping and shareholder services, and other administrative services. The amount of TD AMERITRADE's remuneration for these services is based in part on the amount of investments in such funds by TD AMERITRADE clients. No-transaction-fee funds have other fees and expenses that apply to a continued investment in the fund and are described in the prospectus.

The Investment Profile report is for informational purposes only. Past performance is no guarantee of future results. Returns will vary and shares may be worth more or less than their original cost when sold. The fund is not FDIC-insured, may lose value and is not guaranteed by a bank or other financial institution.

Research and planning tools are obtained by unaffiliated third party sources deemed reliable by TD AMERITRADE. However, TD AMERITRADE does not guarantee accuracy and completeness, and makes no warranties with respect to results to be obtained from their use.

Morningstar Risk-Adjusted Ratings: The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10- year (if applicable) Morningstar Rating Metrics. Morningstar, Inc. is an independent publisher of mutual fund research and ratings. Ratings reflect a fund's risk-adjusted 3-, 5-, and 10-year total returns, including any sales charge. A Fund is rated against all other funds in its category. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%; 3 stars to the next 35%; 2 stars to the next 22.5%; and 1 star to the bottom 10%. Morningstar only rates funds with at least a 3-year history.

Morningstar Associates, LLC is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. The mutual funds selected by Morningstar Associates for the Premier List have been derived from a universe of mutual funds made available through TD AMERITRADE. Both the universe of mutual funds defined by TD AMERITRADE and the Premier List are subject to change without notice. Particular mutual funds on the Premier List may not be appropriate investments for you under your circumstances, and there may be other mutual funds or investment options offered by TD AMERITRADE that are more suitable. The information, data and opinions contained herein include proprietary information of Morningstar Associates and may not be copied or redistributed for any purpose. Morningstar Associates does not warrant this information to be accurate, complete or timely. Morningstar Associates is not responsible for any damages or losses arising from the use of this information. Past performance is no guarantee of future results. The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar Associates is not affiliated with TD AMERITRADE.

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