FYI: For mutual-fund investors, the market continues to perform just well enough to calm the nerves. But most investors won’t be seeing blockbuster gains in their 401(k)s if this slow pace continues.
The average diversified U.S.-stock mutual fund rose 1.6% in May, according to data from Thomson Reuters Corp. ’s Lipper unit, and the funds have a modest 1.9% gain for the year so far. The good news is that the market has shaken off the poor start to the year, and is in positive territory, at least. In April, stock funds had finally moved into the black for 2016, and in May they built slightly on those gains
Regards,
Ted
http://www.wsj.com/articles/funds-struggle-for-points-as-halftime-nears-for-2016-market-1465178462
