In the Margins

Actively managed funds have disastrous 1Q

April 5, 2016

By The Motley Fool

Fewer than one in five U.S. large-cap mutual funds beat the benchmark S&P 500 index in the first quarter. The average margin of underperformance—1.9 percentage points—also set a new low. Growth fund managers fared even worse, with just 6% of growth funds beating their benchmark—the worst such result since at least 1991. The average margin of underperformance was 3.5 percentage points. Read the original story from The Motley Fool

 

 

Most Read

Top of the Agenda - Governance
Q&A: Converting open-end funds to ETFs

Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...