In the Margins

Stock funds' 10-year records get boost

October 6, 2017

By InvestmentNews

Stock funds' 10-year records are going to start looking great, as of now. The worst bear market since the Great Depression started 10 years ago, on Oct. 9, 2007, with the Standard & Poor's 500 stock index at 1,565.15. When it ended, on March 9, 2009, the blue-chip index sat at 676.53—a 56.8% loss. Starting today, the devastating effects of the bear market will roll off funds' 10-year records, meaning that even if the stock market goes nowhere the next 18 months, a fund's 10-year return will improve dramatically. Read the original story from InvestmentNews.

 

 

Most Read

A Seat at the Table
Invesco Funds board finalizes succession plans

The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...

Top of the Agenda - Compensation
Fund board comp moves up, as industry keeps changing

Analyzing mutual fund director compensation data is getting increasingly difficult as consolidation reshapes the mid-sized to large end of the market and a reduction in stand-alone ...

Top of the Agenda - Industry Groups
IDC's Amy Lancellotta to retire at year-end

Amy Lancellotta will retire from the Independent Directors Council at the end of this year after 13 years as managing director and a total of 30 ...