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.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.