Should Mutual Fund Investors Time Volatility?

This is a summary of "Should Mutual Fund Investors Time Volatility?" by Feifei Wang, CFA, Xuemin (Sterling) Yan, and Lingling Zheng, published in the First Quarter 2021 issue of the Financial Analysts Journal.

Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2020/should-mutual-fund-investors-time-volatility