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  • BobC November 2018
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Goldman Says Large-Cap Mutual Funds Are Losing Badly To Benchmarks

FYI: Goldman Sachs Group Inc. says the allure of mutual funds is fading as the year draws to close.

The percentage of large-cap mutual funds outperforming benchmarks has nearly halved to 33 percent from 63 percent in April. That’s been fueled by sector allocation, where overweights in cyclical groups like financials have hurt returns all year, and underweights in defensive shares have hurt during the recent market downturn.


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