With a surge of 7.8 million new investors, understanding mutual fund performance is crucial. Investors should track returns using NAV, assess risk-adjusted returns, and consider portfolio turnover. Evaluating equity funds involves comparing them to relevant benchmarks and peer funds over a 3-5 year horizon, while index funds should exhibit minimal tracking error.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026