Mutual Fund Performances

How about this for some irony? According to a Bloomberg report, the S&P 500 index is higher by around 6 percent, but Goldman Sachs' index of the stocks most favored by mutual funds are just flat year-to-date. Meanwhile, a basket of stocks that includes the least favored stocks has performed...

Chances are less than one in 10 an investor picked an equity fund that beat the S&P 500 Index in the five-year period ending August 31. According to a Bloomberg report, only 9.5 percent of actively managed large-cap domestic equity funds outperformed the index over the five-year period, which...