by Tom Roseen.
U.S. investors pushed equity funds to their second consecutive quarter of plus-side performance in Q3 2020 as they cheered improving employment figures and the Federal Reserve Board’s continued commitment to keep interest rates low. Meanwhile, investors were also keeping a wary eye on business and school reopenings and the hoped-for additional round of fiscal stimulus. For Q3 2020, the average equity fund posted a 6.71% return, with Lipper’s World Equity Funds macro-classification (+7.96%) outpacing the other six major equity groups for the first quarter in three. In this segment, I highlight the Q3 and September 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 Third Quarter 2020 FundMarket Insight Report: Equity Funds Post Second Consecutive Quarterly Gain in Q3 Despite September Losses.
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