Stat of the Day

Percentage (%) of mutual funds that either merged or liquidated (generally not a good thing) during the 5 year period ending 12/31/2009: 

  1. Domestic Equity Funds:  29%
  2. International Equity Funds:  21%
  3. Fixed Income Funds:  10%

 

Source:  S&P SPIVA Scorecard – Y/E 2009

June 8, 2010 In: Stat of the Day Comments (None)