25 Funds Investors Dumped in 2017
Though investors continue their shift toward passive products and target-date funds, outflows from active funds were calmer than they've been in recent years.
Investors continue to dump higher-priced funds in favor of lower-priced fare--not only in U.S. stock categories, but in foreign-stock and bond categories, too.
That's one takeaway from the results of our survey of individual funds that investors sold in 2017. (Last week we covered the top 25 funds they've been buying.) The good news for active funds was that the 2017 outflow was minimal compared with previous years, though, said Alina Lamy, a senior analyst in Morningstar's Quantitative Research Group.
Karen Wallace does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.