| Prepared by William Lim, University of New Brunswick. Note: To use Morningstar, you must first register as a member. Registration is free. Go to http://www.morningstar.ca/. From the home page select Fund Quickrank from the menu on the left of the screen. You will then find a series of options that allow you to further refine your search. From the menu option Load Type:, choose “No Load”. From the menu option Management Expense Ratio:, choose “Less than or equal to 2%”. From the menu option Rank Funds By:, choose “3 year rate of return”. From the menu option Show Me, click on ”50 funds”, and finally, click on “Show Funds” at the bottom. When you request the results, the screen will show the top 50 funds and their average 3-year return. Print the results. Repeat the above steps by clicking on Change Criteria on the top menu. Then request results that show the highest average return for both a 1-year period (1 year annual rate of return) and, after that, a 5-year period (5 year compound rate of return). Choose from the menu option Rank Funds By:. Compare the results in terms of consistency. Are there any managers who are in the top 10 in all three return periods? Are there any managers who are in the top 10 in two of the three periods? | 
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