January 3, 2018

Equity Funds Post for Q4 2017 a Ninth Consecutive Quarter of Plus-Side Returns

by Tom Roseen.

Spurred by hopes of tax reform, growth in corporate profits, a better-than-expected November nonfarm-payrolls report, and an economic environment that remained good for stocks, investors pushed the equity markets to the plus-side for December. And, for Q4 2017 the average equity fund posted a positive return of 4.85%, with Lipper’s U.S. Diversified Equity Funds macro-classification (+5.12%) moving to the top of the four major equity groups for the first quarter in four. In this segment I highlight the December, fourth quarter, and 2017 performance results for equity mutual funds and ETFs.

Highlights:

  • For Q4 2017 equity funds (+4.85% on average) posted their ninth consecutive quarterly gain. Thomson Reuters Lipper’s U.S. Diversified Equity (USDE) Funds macro-classification (+5.12%) jumped to the top of the leader board for the first quarter in four, followed by World Equity Funds (+4.94%), Sector Equity Funds (+3.66%), and Mixed-Asset Funds (+3.17%).
  • The Sector Equity Funds macro-classification housed four of the six worst performing classifications in the equity universe for Q4, with Global Health/Biotechnology Funds (-1.73%) being the group laggard.
  • For 2017 the average equity mutual fund posted an eye-popping return of 20.38%, with the World Equity Funds macro-classification (+28.53%) posting its strongest one-year return since 2009.

Click here or the Download Full Report link in the upper right hand column of this page to download the Fourth Quarter 2017 FundMarket Insight Report: Equity Funds Post for Q4 2017 a Ninth Consecutive Quarter of Plus-Side Returns.

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