Equity mutual funds all have a stock selection methodology whether they are applying active or passive management. Some use a top-down methodology; some a bottom-up approach.
The point is that most generally use industry-accepted best practices for getting the job done.
There’s a small group of funds, however, that use unorthodox methods for picking stocks. Some function like a stock popularity contest, others invest in human vices, and some even use social causes as screeners.
So, which of these unusual mutual funds are worth your money? I’ll highlight several I believe make good investments.