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

10 Things
10 Things...boards are facing now and into 2024

Serving on a mutual fund board is, by definition, a challenging job. But given the current regulatory environment, ever-increasing product competition (and related pressure on fees), ...