Monday, April 4, 2016

The Stock Market Wins Again

The first quarter of 2016 was the worst on record for large cap mutual funds as fewer than 1 in 5 beat the stock market. Growth funds performed particularly poorly, as only 6 percent beat the S&P 500. About 20 percent of value funds and 29 percent of core funds beat the S&P 500. Small cap fund managers performed better, with 80 percent beating their benchmark.