On December 30, 2016, the Standard and Poor?s (S&P) 500 index hit an all-time high. During 2016,

Question:

On December 30, 2016, the Standard and Poor?s (S&P) 500 index hit an all-time high. During 2016, the S&P returned 12.25%. Here is a histogram of the 2016 net returns (total return ? annual expenses) for Money Magazine?s 50 Best Mutual Funds and ETFs (time .com/money/4616747/best-mutual-funds-etfs-money-50/).

a) From the histogram, give a short summary of the distribution (shape, center, spread, unusual features).

b) In general, how did these funds perform compared to the S&P 500?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the... Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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