<prompt> Human: Heres a link to the documentary Judging by Frontlines usual quality, Id suspect this to be pretty good.Ill watch it tomorrow and report back.  <response>: I havent seen this documentary, but in general if you want to invest in mutual funds, the only smart choice are no-load funds, generally an index fund. Its a shame these high-load managed funds still exist because people are duped into buying them, but all of the good independent financial experts tell you to just get a no-load index fund.The managed funds lose more money in the long-term because first youre wasting money paying fees to a manager, and second because the manager is trying to outsmart the market, which usually results in occasional impressive short-term gains, but also higher loses, and so they do worse than just owning an index fund over the long term. Its a big scam that just makes the bankers rich. 