FYI: Apart from the top two performers among the American Funds mutual funds in the second quarter of 2015, the other funds had lackluster performance. Nonetheless, on comparison with broader markets, American Funds had decent performance. Though American Funds lagged Fidelity’s best gain of 11.6%, it outpaced another behemoth Vanguard’s best gain of 3.8%. It should be noted that Fidelity practices more active management compared to Vanguard’s passive management.
Regards,
Ted
http://www.zacks.com/stock/news/186083/top-american-funds-mutual-fund-performers-of-q2-2015?article_id=186083&type=BLOG
