Why Folios are better than mutual funds Many investors turn to mutual funds to get the benefits of diversification.
Many investors take comfort in the fact that mutual funds are often managed by professionals.
And yet, in a typical year, the vast majority of all domestic equity mutual funds under perform the market. One factor investors consider when deciding on a mutual fund is past performance. Not only is past performance no guarantee of future performance, in fact, past performance is no indication of future success whatsoever.