If a mutual fund drops by a big surprising amount, one should look for possible distributions. But that didn't apply today. Here are some large declines in LC-growth mutual funds today:
IALAX -6.49%
MSEQX -6.40%
TRBCX -5.40%
FCNTX -5.23%
etc
Compare: SP500 -2.44%; Nasdaq Comp --3.74%, Nasdaq-100 -4.22%
Some of these losses may be recovered tomorrow as futures and after-markets actions are very positive following AMZN good earnings news.
Comments
What are the kids gonna think when the real poof happens... looks like some funds down in a day in an amount that would have been an ok year.
Hopefully tomorrow better but again what's the rush, maybe a good time to be conservative or less aggressive over the next several months
Best
Baseball Fan
But sadly mass-market psychology (and/or lack of experience) doesn't always understand that context.