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Coronavirus Selloff Leaves Just One U.S. Active Equity Mutual Fund Positive for the Year

johnNjohnN
edited March 2020 in Fund Discussions
Coronavirus Selloff Leaves Just One U.S. Active Equity Mutual Fund Positive for the Year

https://money.usnews.com/investing/news/articles/2020-03-18/coronavirus-selloff-leaves-just-one-us-active-equity-mutual-fund-positive-for-the-year

NEW YORK (Reuters) - A tiny mutual fund that invests in companies that produce products and services for parents is the only fund among the $4.3 trillion actively managed U.S. equity fund industry to post a positive return for the year to date through Monday, according to Morningstar data.

Comments

  • MarkMark
    CEGSX for anyone interested.
  • Bud
    Also HSGFX. That prolly screams current market conditions. According to M* it is now .36% positive for the life of the fund as of 3/19.
  • NumbersGal
    But still leaves the 10-year return for HSGFX at -6.54% PER YEAR -- or a loss of 50%. In a bull market. And that's despite being up almost 12% ytd.
  • NumbersGal
    BTW "tiny" doesn't begin to describe CEGSX - it has $139k per Morningstar, has a 1.75% expense ratio, and charges a load.
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