FYI: For a year that started with a 10.5% decline in the Standard and Poor’s 500 stock index, 2016 turned out pretty darn good for most investors, with the S&P 500 recording a 13.43% gain.
Morningstar’s database has 14 U.S. diversified, open-ended stock funds with $50 billion or more in assets — a total of $1.9 trillion, or about a third of that category’s assets. How would investors have done with the industry’s behemoths? Pretty well — with a few notable exceptions.
The funds are ranked by 2016 total return. Performance is as of Dec. 27, 2016. Expense ratios are from the semiannual report for the funds’ oldest share class, and all data is via Morningstar.
Regards,
Ted
(For individual fund total 2016 return, click on slide-show)
http://www.investmentnews.com/gallery/20161229/FREE/122809998/PHNo. 1: Dodge & Cox Stock Fund:
No. 2: Vanguard Small Cap Index Fund Investor Shares
No. 3: American Funds Investment Co. of America Class A
No. 4: American Funds Wash. Mutual Investors Fund Class A
No. 5: American Funds Fundamental Investors Class A
No. 6: Vanguard Total Stock Market Index Fund
No. 7: Vanguard Institutional Index Fund Institutional Shares
No. 8: Fidelity 500 Index Fund Investor Class
No. 9: Vanguard 500 Index Fund Investor Class
No. 10: Vanguard Mid-Cap Index Fund Institutional Shares
No. 11: American Funds AMCAP Fund Class A
No. 12: American Funds The Growth Fund of America Class A
No. 13: Vanguard Growth Index Fund Investor Shares
No. 14: Fidelity Contrafund
