These funds have the lowest 12-month price-to-earnings ratios. Does that present an opportunity for value-oriented investors, or does the risk-reward ratio lean too much toward risk?
In the wake of market selloffs, falling p/e ratios can provide investors with uncommon buying opportunities. But a low-priced fund is ultimately only a bargain if, over time, the price increases not if it's flat or falls further.
These 20 funds have the lowest p/e ratios over the past 12 months. Has the market priced them correctly? Or have some been unduly punished?