Tag Archives: Lipper’s performance numbers

Pocketbook: Week ending Oct.1, 2016


  • How about that Wells Fargo

It was notorious bank robber Willie Sutton who apparently said that he robbed banks because,”That’s where the money is.”

And in Wells Fargo’s cross-selling gotta-get-as-many-assets-and rack-up-as-many-fees-as-possible case, I think it’s fair to say that it’s banks that rob their customers for the very same reason: Because that’s where the money is.

So bank customers BEWARE. In this time of way-too-big-to-be- helpful banking, be ultra careful where you bank.

Make sure to keep on top of all of your bank accounts checking balances and activity in each frequently no matter which institution(s) you bank with.

When it comes to money, nothing is more important than knowing where it is and how it’s being handled.

  • Stock investing can be really risky. Right, Mr. Trump?

Without getting into all of the details, in the mid-1990s, Donald Trump had a company that traded on the New York Stock Exchange with the stock symbol of “DJT”, according to CNNMONEY.com.

And, according to that same source, if you had invested 100 bucks into DJT in 1995, five years later you’d be left with $8.72. That’s a loss of 90%.

While you, Mr. or Ms. Investor, were left with pennies, DJT paid Trump $39 million in salary, bonuses, options and other compensations during that same time period.

  • Market Quick Glance

Friday marked the end of a week, the end of the third quarter and the beginning of the last quarter of 2016.

As you might expect, the week’s performance numbers were different from the previous week’s.

Below are where the weekly and 1-year performance results for four popular stock indices stood at the close of business on Friday, Sept 30, 2016, according to Bloomberg,


-Dow Jones +7.22% YTD up from 6.94% YTD

  • 1yr Rtn +14.13% down from 14.96%

-S&P 500 +7.85% YTD up from 63% YTD

  • 1yr Rtn +13.56% down from 14.57%

NASDAQ +7.18$ YTD up from 7.01% YTD

  • 1yr Rtn +14.38% down from 14.76%

Russell 2000 +11.45% YTD down from 11.64% YTD

  • 1yr Rtn +14.05% up from 13.45%


-Mutual funds

Year-to-date average returns for U.S. Diversified Equity funds changed direction during the week.

At the close of business on Thursday, September 29, 2016, their average YTD return was 5.51%, according to Lipper. Last week the figure was 6.79%.

Comparing last week’s fund category results with this week’s, here’s how the numbers look:

  • -Equity Leverage Funds had a YTD performance average of +20.84%—that’s down from last week’s number of +25.27%.
  • -Dedicated Short Bias Funds, had an average YTD average return of -21.62%. That’s an improvement from last week’s -23.26%.
  • -Precious Metals Equity Funds are now up 99.99% on average. That’s down a hunk from last week’s performance average of +107.93%.
  • -Under the broad heading of World Equity Funds, Lipper tracks 4,429 of them, their average return is+6.41%. That’s down from last week’s average of +7.74%.
  • -Latin American Funds continue to beat that broad heading and have an average YTD total return of 32.31%. That’s also down from last week’s average of 35.19%.


Make sure to take advantage of the wonderful world of mutual fund performance figures Lipper makes publishes. Use their YTD returns as a guideline for how your individual fund(s) are performing. For instance, Lipper reports the average stock fund is up about 6.79 percent so far this year. Are your stock funds doing better or worse than that?

Visit www.allaboutfunds.com for weekly updates to see how various equity and fixed-income funds have rewarded investors over the short-and long-term, based upon Lipper data. Short-term meaning weekly and monthly performance returns; longer-term includes quarterly, year-to-date, 1-yr, 2-yr, 3-yr and 5-yr returns.

Lipper’s weekly performance figures for stock and fixed-income funds are at www.allaboutfunds.com in the left column on the home page.


That’s all folks…












IMG_0204For the week ending Jan. 16, 2016

  • Capitulation: A known unknown.

Funny thing about Wall Street, those in the know have a way of saying stuff that those who don’t know much about Wall Street don’t exactly get. It’s kinda like Donald Rumsfeld’s famous “known unknowns” comment. Remember hearing that and thinking “Huh?”

So instead of addressing this year’s market performance by saying something like the market is on a slippery slope that appears to be heading really fast into bear territory, or, that market corrections and bear markets are natural market occurrences, Wall Street’s talking heads are talking capitulation.

Capitulation is an action word and a fancy way of saying that lots of folks are selling their stocks because they are worried. According to Investopedia, capitulation is “derived from a military term which refers to surrender.” Synonyms include cede, succumb and cave in.

The plus side of a caving market is the opportunity lower prices afford investors —particularly those who consider themselves to be value buyers.

From where I sit, no matter what’s going on with stocks–whether prices in the indices are heading up or down—it’s always smart to buy value. A good deal is a good deal no matter if you’re buying a house or a car, a designer handbag or stocks. That said, all value buying  comes with a caveat of buyer beware.

In the stock market what’s unknown about the knowns,  is how stock prices are going to perform one day to the next, one year to the next.

  • Market Quick Glance


Here are the YTD performance figures for the major indices through January 15, 2016, according to CNN Money:

-S&P 500 -8.00% YTD

-Dow Jones -8.25% YTD

-NASDAQ -10.36 YTD

-Russell 2000 -11.28% YTD

-Mutual funds

The good news is that the average U.S. diversified Equity Fund in Lipper’s universe of 8,441 funds was down 6.89 percent year-to-date through Thursday, January 14, 2016. But, that was through Thursday and if you recall Friday was a horrible day for stocks. So take that and other YTD average return figures with a grain of salt— and an aspirin.

With that in mind, here two extremes: Dedicated Short Bias Funds were up 13.38 percent YTD on average and Equity Leverage Funds down 14.61 percent.

If you’re looking for plus-side YTD returns on funds, pretty much the only place to find them is in the fixed-income arena. The average Intermediate US Govt. Fund was up almost 0.78 percent while, hold on to your hat, the average General Treasury US Fund was up 1.70 percent. Again, through Thursday.

Every investor— stock, bond, mutual fund, ETF— needs to keep grounded all through his or her investing career. The best way to do that is by staying abreast of performance returns.

To that end, http://www.allaboutfunds.com is the only site I know of that offers an opportunity for you, dear investor, to see how the world of equity and fixed-income funds have rewarded investors over the short-and long-term, based upon Lipper data. Short-term meaning weekly and monthly performance returns; longer-term includes quarterly, year-to-date, 1-yr, 2-yr, 3-yr and 5-yr returns.

You will find all of Lipper’s weekly performance figures on both stock and fixed-income funds at http://www.allaboutfunds.com in the left column on the home page.

Take some time to click on the various performance link headings. You’ll be glad you did. Plus, you’ll learn something.

For instance, between Oct. 21, 2010 and Jan. 14, 2016 the SPDR S&P 500 ETF was up 12.01 percent while the Vanguard 500 Index; Adm was up a bit more at 12.09. The big long-term winner however has been Health/Biotechnology Funds. The average fund in that group, over that same time frame, was up 19.44 percent.


Friday was a lousy day for most companies but in the spirit of looking on the sunny side, three stocks that enjoyed plus returns on that day (each up from their 52-week lows) include Tiffany’s (TIF) it was up 79 cents, Macy’s (M) up 24 pennies and the big winner Revlon, (REV) up $2.91.