FYI: Last quarter was a winner for the vast majority of mutual-fund investors as 87 percent of all funds delivered gains. Rising stock markets around the world and a drop in interest rates drove the returns, continuing a yearslong run for funds.
To be sure, the gains were typically smaller than what investors enjoyed earlier in this bull market. But they were widespread. Of the 95 different fund categories that Morningstar tracks, 84 logged gains on average. Those with losses were often in niche areas, such as Latin American stock funds or emerging-market bond funds, and likely play only a supporting role in portfolios.
Regards,
Ted
http://www.salon.com/2015/04/02/1q_mutual_fund_review_nearly_everything_was_a_winner/
