but still on the high side of the institutional mutual fund universe. The Superfund Managed Futures Strategy A fund, the top-performing futures fund this year with a 10.78% gain, charges 3.24% in expenses in addition to a 5.75% front-end commission.
Less visible was what happened underneath, where stocks have been swinging independently from one another and the gap between the best-performing industry and the worst is the widest ... yanked $100 billion from mutual funds in the first seven months.
Faced with the worst bear market (-57.7% from the peak in October 2007 ... Charlie Bilello is the Director of Research at Pension Partners, LLC, an investment advisor that manages mutual funds and separate accounts. He is the co-author of four award.
In case you needed another reminder about how tough this year was for anyone who prepared for deflation and didn't jump on the QE2 bandwagon, just look at the 20 mutual funds that performed the worst this year. Almost every one of the worst funds was.
Very few investors pay attention to fund flows. Fund-flow data has been available for open-end mutual funds for decades and for exchange ... record inflows consistently precede periods of poor performance, whereas all-time record outflows are almost.
LMOPX also did poorly in 2011 with a 34.9% decline during a year in which the S&P 500 actually climbed 2.1%! To compare apples to apples, the category rank for five-year performance ... investorplace.com/2014/07/mutual-funds-five-year-returns.
For seasoned investors, including Richard Power, manager of the Octopus UK Micro Cap fund, this does not come as a surprise. He says: ‘During the crisis I had to put my trust in the underlying performance ... from 2011 to 2016. The worst fund performer.
Although higher beta momentum strategies and stocks have been performing well this year, some low volatility exchange-traded funds ... in 2011, the S&P 500 Low Volatility Index exhibited a down-capture of 43% and actually rose in one of the 10 worst.
The world’s biggest mutual fund company says it’s surprised by the global economy ... That’s even as the world economy posts better-than-expected performance in 2017, helped by growth in Japan and Europe, the Hong Kong-based senior investment.