The end of the year 2012 SPIVA report was just released. As is quite common, the performance of actively managed mutual funds from Canadian mutual fund companies was quite horrible.
For the 5 years ending Dec.31, 2012:
There's plenty more in the report:
http://ca.spindices.com/documents/sp...end-2012-2.pdf
For the 5 years ending Dec.31, 2012:
- Canadian Equity active funds: 10% beat the index
- US Equity active funds: 5% beat the index
- International Equity active funds: 0% beat the index
There's plenty more in the report:
http://ca.spindices.com/documents/sp...end-2012-2.pdf