Zacks US Equity Mutual Fund Rank Continues Identifying Winners

CHICAGO, June 6, 2016 /PRNewswire/ -- It's no secret that the same volatility that the stock market experienced in the first quarter of this year, also impacted the mutual fund industry and fund investors. Many retail investors have a portion of their money in mutual funds, either directly or through a retirement plan. Despite the rebound in stock prices though, it's still difficult for these fund investors to identify market outperformers. With forecasts for more periods of market volatility going through the rest of 2016 combined with other market headwinds, identifying mutual funds that may help maximize returns will no doubt continue to weigh on investors.

In its second year of live performance the Zacks Mutual Fund Rank has built upon it's initial success of 2014 with another successful year in predicting relative returns of Mutual Funds during the year 2015. "This is the second year of live performance of the Zacks Mutual Fund Rank which classifies funds into categories and predicts relative performance within each category." says Adam Cohen, EVP of Zacks Institutional Services division. "We are confident that over the next decades the Zacks Mutual Fund Rank will deliver the same type of stellar performance as has the Zacks Stock Rank – whose top portfolio outperformed the S&P 500 in 23 out of the last 26 years."

The Zacks Mutual Fund Rank, provided to Zacks clients at the beginning of 2015, was able to separate funds with similar objectives into quintiles such that, during the year 2015, the average fund in the top quintile outperformed the average fund in the bottom quintile by up to 4.0 %. As illustrated in the 2015 performance table below, Zacks Rank #1 Mutual Funds outperformed Zacks Rank #5 funds in 8 of 11 mutual fund classifications. 

The Zacks Mutual Fund Rank, which was formulated during 2013, is based on the findings of academic finance that although the equity markets may be highly efficient, Mutual Fund performance is influenced by organizational, institutional and behavioral factors and can be predicted. 

For more information about Zacks Mutual Fund Rank– GO TO http://www.zacks.com/funds/mutual-funds

Or contact Adam Cohen, EVP Zacks Institutional Services, 312-265-9227, [email protected] or Terry Ruffolo, Director Media Relations, 312-265-9213, [email protected].

Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities.

SOURCE Zacks Investment Research, Inc.

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