Sunday, November 23, 2008

Every Mutual Fund has Has Lost Money in 2008...

Except One

Out of the 11,585 U.S. and international stock mutual funds tracked by Morningstar Inc., 11,584 have lost money in 2008, according to fund data through Nov. 20.

In other words, just one fund hasn’t lost money this year—and that is the APX Mid Cap Growth Fund, which was flat through Thursday’s close. That’s right, folks, its return—or lack thereof—is a mere zero thus far in 2008.

5 weeks to go for some of these Mutual Funds to show a positive return.

The SGM portfolio, as documented here in the live test, is up 40% YTD.

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