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

10 Things
10 Things...to read in summer 2025

It's officially summertime, which means FBV's annual Summer Reading List is here. We curate the list each year by soliciting recommendations from our readers and friends ...

Top of the Agenda - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...