by Tom Roseen.
U.S. investors pushed equity funds to their strongest quarterly performance since Q4 1999 in Q2 2020 as they cheered economic reopenings, the Federal Reserve Board’s “whatever it takes” mantra, and improvements in the U.S. unemployment rate. For Q2 2020, the average equity fund posted a 20.22% return, with Lipper’s U.S. Diversified Equity Funds macro-classification (+23.52%) outpacing the other six major equity groups for the first quarter in four. In this segment, I highlight the Q2 and June 2020 performance results for equity mutual funds and ETFs.
Click here or the Download Full Report link in the upper right-hand column of this page to download the Second Quarter 2020 FundMarket Insight Report: What a Short Strange Trip It’s Been: Equity Funds Post Best Quarterly Returns Since Q4 1999.