Mutual Funds Miss the Mark, Again

Once again, the majority of mutual funds failed to beat their benchmark in 2015.  This article from Reuters has some great statistics on the recent under-performance of mutual funds.  Such as: the majority of actively managed mutual funds have not beaten their benchmark in any year since 2009.  It also states that investors seem to be fed up with poor performance – money is flowing out of mutual funds and into passive investments such as Exchange Traded Funds.  We will be closely monitoring the “active verses passive” debate as 2016 progresses.