FYI: 2017 might be remembered as the year in which you could make money by investing in almost anything. The Dow posted its ninth consecutive year of positive returns, gaining 25%, while the S&P 500 added 19% and the Nasdaq was up 28%. It’ll also be remembered as the year wherein cryptocurrencies became all the rage. Bitcoin started the year under $1,000, but finished it at nearly $15,000.
Many mutual funds also posted big gains in 2017, but not all. The industry, in general, is continuing to see net negative flows as ETFs keep taking away market share, but total mutual fund assets have been rising thanks to strong performances across most categories. Let’s take a look back at some of the best and worst performers of 2017.
Regards,
Ted
http://mutualfunds.com/education/evaluating-the-top-5-winners-and-laggards-of-2017/
