Market View
Market View features, from Dow Jones and ICMA-RC’s investment professionals, can help you increase your awareness and understanding of the economy and markets, and how current trends may impact your investments and long-term planning.
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Investor Returns vs. Category Returns Morningstar Large-Cap Growth
(Period ending 10/31/2008)
Mutual funds with attractive past performance tend to gather more assets than funds with less attractive past performance. Investors may be disappointed when they buy today's "hot" fund based on past performance that does not continue in the future - sometimes called "performance chasing". Timing the market successfully requires investors to predict market movements. Unfortunately, few if any, can reliably predict the future and market timing failures tend to detract from performance.
Market Snapshot