The latest Standard & Poor’s Index Versus Active Funds Scorecard (SPIVA) claims that the S&P 500 outperformed 69.1% of large-cap funds, while the S&P SmallCap 600 led 63.6% of small-cap funds in 2006. In contrast, 53.3% of actively managed mid-cap funds beat the S&P MidCap 400. Over the past three years (and five years), the S&P 500 has beaten 66.7% (71.4%) of large-cap funds, the S&P MidCap 400 has outperformed 65.1% (79.7%) of mid-cap funds, and the S&P SmallCap 600 has outpaced 80.6% (77.5%) of small-cap funds. SPIVA also reports a decline in average fund expenses for asset-weighted index funds (S&P 500, S&P MidCap 400, and S&P SmallCap 600) in 2006 versus that of 2005
S&P 500 Beat Two Thirds Of Actively Managed Mutual Funds In 2006, Says S & P
The latest Standard & Poor's Index Versus Active Funds Scorecard (SPIVA) claims that the S&P 500 outperformed 69.1% of large cap funds, while the S&P SmallCap 600 led 63.6% of small cap funds in 2006. In contrast, 53.3% of actively
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