Podcast Center
Video Center
Webcasts
Resource Center
Events
November 23, 2011 at 07:00 PM
The fund research team at S&P Capital IQ says that thanks to a nice market uptick in October, the S&P 500 Index was back in the black on a year-to-date basis through Oct. 28, rising 2.2 percent. The team’s latest report, authored by Todd Rosenbluth, notes that these market gains helped domestic-equity mutual funds.
While many investors have pulled money out of domestic-equity funds in 2011, 57 percent of mutual funds have generated positive returns and, in certain cases, the gains have been more than 10 percent. More than half of the roughly 7,500 fund offerings tracked by S&P Capital IQ, on were up for the year in this period. However, only a small subset of this universe received a five-star ranking from S&P Capital IQ for their relatively strong performance analytics, risk considerations and cost.
S&P Capital IQ analysts say that, in addition to performance, they encourage investors to consider the valuation and risk attributes of a fund’s underlying holdings and relevant cost factors, before making a selection. The 689 mutual funds that earn a domestic equity five-star ranking from S&P and are up for the year have some of these favorable traits.
