FYI: Nearly every mutual fund made money during 2017, which ended up being one of the most enjoyable years in history for investors as improvements in corporate profits and economies around the world lifted markets. Even some of the biggest laggards of recent years shared in the gains, including funds that focus on Latin American stocks, commodities and other niches.
Losses were so rare that an investor at the start of 2017 had tougher odds of randomly picking a fund that would go on to lose money than of getting a cloudy day in the Arizona desert. Ninety-seven percent of all the funds tracked by Morningstar investment research and investment management firm had positive returns last year. (The probability of getting sun in Phoenix is closer to 85 percent.)
Regards,
Ted
http://www.arkansasonline.com/news/2018/jan/05/picture-was-sunny-in-2017-for-mutual-fu/?f=business
