The new "Mutual Fund Lemon List" shows you which mutual funds are costing investors money, plain and simple. Included are those funds that have underperformed their one-, three-, and five-year benchmarks.

How many funds are we talking about here? The total number of funds that made the Lemon List last quarter: 1,500+! The total assets in these funds: $812,000,000,000+!

That's not a misprint. 812 billion is currently languishing in these underperforming mutual funds. And I'd be willing to bet that you have at least some assets committed to these funds.

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