Actively Managed Mutual Funds Continue to Outperform
Tuesday, March 30th, 2010Tom Lydon submits:
ETFs track indexes for better or worse, but as of late, mutual funds have mostly been beating the indexes. Most mutual funds notoriously underperform their benchmarks, but with this shift, we might be sharpening our knives for a plate of crow. Or are we?
According to Lipper Inc., 95% of intermediate bond funds beat the Barclays Capital U.S. Aggregate Bond Index and 68% of diversified U.S. stock funds beat the Standard & Poor’s 500-stock index in 2009, reports Jason Zweig for The Wall Street Journal. Year-to-date, 58% of stock and bond funds are beating their underlying benchmarks.
