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By Dr. Paul Price (Reporter)
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Lipper’s Mutual Fund Review (through March 31, 2010) proved once again that ‘Value’ prevails over the long-term. Here are the numbers by broad fund categories as reported by Lipper

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Fund Type


Q1 – 2010


1 Year


5  Years *


10 Years*

 


Large –Cap Core


4.94%


48.45%


1.85%


-0.13%


Large-Cap Growth


4.20%


46.16%


2.64%


-3.11%


Large-Cap Value


5.79%


49.90%


0.93%


2.77%

 

 

 

 

 


Mid-Cap Core


7.85%


62.22%


3.36%


3.46%


Mid-Cap Growth


7.05%


56.57%


3.73%


-0.65%


Mid-Cap Value


8.29%


64.92%


3.43%


7.26%

 

 

 

 

 


Multi-Cap Core


5.39%


52.56%


2.33%


1.70%


Multi-Cap Growth


4.88%


52.07%


3.66%


-2.77%


Multi-Cap Value


6.43%


56.02%


1.12%


3.81%

 

 

 

 

 


Small-Cap Core


8.03%


63.07%


3.03%


6.14%


Small-Cap Growth


7.32%


59.33%


2.78%


-0.78%


Small-Cap Value


9.48%


72.58%


3.14%


8.79%

 

 

 

 

 


Equity Income


4.69%


46.52%


2.23%


3.26%


Specialty Diversified


3.37%


40.73%


0.56%


2.43%


S&P 500 Index Obj.


5.34%


49.03%


1.41%


-1.13%

 

 

 

 

 


Long/Short Equity


1.83%


31.45%


2.43%


5.86%


Market Neutral


0.72%


8.09%


1.87%


2.38%


Short Bias


-8.86%


-46.94%


-10.41%


-6.82%

 

 

 

 

 


* Annualized Data


All returns as of 3/31/2010

           

 

Remarkably, the ‘short bias’ funds showed negative returns for every time period despite the horrible decade from 2000 – 2009.

‘Value’ funds outperformed in almost every measured time period. Knowing that, why fight the headwinds by going in any other direction over the long haul?

Dr. Paul Price

www.BeatingBuffett.com



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