Here is a link to a great article at marketwatch.com that provides updated 2016 investment performance numbers for all categories of mutual funds.
Equity mutual fund managers in 10 out 11 equity categories tracked by Morningstar trailed their 2016 investment performance benchmarks. Only 26% of equity mutual fund managers beat their passive benchmark in 2016.
hink of those numbers this way. The S&P 500 was up 9.5% in 2016. An actively managed mutual fund manager would have had to gain at least that much investment return, net of annual fees.
Remember that actively managed stock mutual funds make up the largest part of your company 401(k) retirement plan mutual fund menu.
This is a great resource article to analyze the real investment performance of your current company 401(k) retirement plan mutual funds. Don’t make the common investment management mistake of paying active mutual fund managers for investment performance that falls far below less expensive index mutual fund benchmarks.
Ric Lager
Lager & Company, Inc.
