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April 8, 2013
The FA Mutual Fund Madness Tournament Updates and Highlights - Round 6(Final)
Click here to download
March 25, 2013
The FA Mutual Fund Madness Tournament Updates and Highlights - Round 4
Click here to download
March 18, 2013
The FA Mutual Fund Madness Tournament Updates and Highlights - Round 3
Click here to download
March 11, 2013
The FA Mutual Fund Madness Tournament Updates and Highlights - Round 2
Click here to download
March 4, 2013
The FA Mutual Fund Madness Tournament Updates and Highlights - Round 1
Click here to download
Frequently Asked Questions
What is a bracket?
A bracket is a 64-team tournament which involves 63 individual match ups or games to determine a winner. The most famous bracket tournament is the collegiate basketball championship held typically over March and April. This contest is modeled after that format, but uses mutual funds instead of collegiate basketball teams.
When does the tournament/contest start?
The tournament begins on February 25th and the bracket sign ups close on February 22nd. It runs for 6 weeks and ends right before the Final Four Weekend of the national collegiate basketball tournament.
What does it cost to enter?
It is free – you can enter one time under one email address. You can enter separately in both the equity funds and fixed income funds brackets under the same email address. You can use other email addresses to enter more than once.
What does the winner get?
There are various prizes which are listed on the home page. The grand prize is two tickets to the Collegiate Men’s Basketball Tournament in 2014. Also the winner will be profiled in Financial Advisor Magazine.
When is the winner announced?
The winner will be announced on Monday, April 8, unless there is a tie, in which case the tie breaker rule will determine the winner. The tie-breaker rule (see below) will determine a winner on April 9.
How do I pick funds?
The brackets are automated and you click on the fund you think will win and then you save your picks. It is important to print off the bracket sheets before you begin to make your selections. The bracket sheets provide basic information to help assist you in your selections like performance and Morningstar ratings.
How does it work?
Two mutual funds are paired against each other. The winner is the mutual fund with the better performance measured at the end of the week. This provides a level of suspense throughout the week as the mutual funds perform on a daily basis.
What happens if the performance is the same at the end of the week?
The performance of the previous day will determine the winner. Each previous day will be measured until the mutual fund with the best daily performance is declared the winner.
How were the mutual funds selected and seeded?
There is a section on the homepage which describes how the mutual funds were selected and seeded – please go to the navigation bar at the top of the website.
Can my clients play?
Anyone can sign up, but only Financial Advisors are eligible to win. In order to be eligible to win, you must work for a registered financial advisory firm with the SEC, FINRA or your applicable state.
What happens if there is a tie at the end of the tournament?
On the bracket selection site, there is a tie-breaker score selector. The participant selects the total final score of the collegiate basketball championship. The closet guess wins the tie breaker.
Who is sponsoring this tournament?
Financial Advisor Magazine and Charter Financial Publishing Network are the sponsors of this contest. We wanted to provide financial advisors with an innovative and fun way to test their mutual fund selecting and research skills.
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