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.