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...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...