Out of almost 2,100 diversified retail U.S. stock mutual funds that are open to new investors, just 17 have positive returns for both the past 12 months and year-to-date, according to investment researcher Morningstar, Inc.
Archive for August, 2008
So much for mutual funds
Posted in Equities, Herd Mentality, Liquidity, Recession, U.S. on August 29, 2008 | Leave a Comment »