At the beginning of the first quarter of 2017, only the Consumer Staples sector earns an Attractive-or-better rating. Our sector ratings are based on the aggregation of our fund ratings for every ETF and mutual fund in each sector.
Question: Why are there so many mutual funds? Answer: mutual fund providers tend to make lots of money on each fund so they create more products to sell.
Finding the best mutual funds is an increasingly difficult task in a world with so many to choose from. How can you pick with so many choices available?
At the beginning of each quarter, we rank each sector from best to worst with our Sector Ratings Report. These rankings are forward looking and are indicative of how each sector should perform going forward. The following is a recap of our analysis of each sector for the fourth quarter of 2016.
The Utilities sector ranks eighth out of the ten sectors as detailed in our 4Q16 Sector Ratings for ETFs and Mutual Funds report. It gets our Dangerous rating.
The Telecom Services sector ranks ninth out of the ten sectors as detailed in our 4Q16 Sector Ratings for ETFs and Mutual Funds report. It gets our Dangerous rating.
The Materials sector ranks sixth out of the ten sectors as detailed in our 4Q16 Sector Ratings for ETFs and Mutual Funds report. It gets our Dangerous rating.
The Information Technology sector ranks third out of the ten sectors as detailed in our 4Q16 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
The Industrials sector ranks fourth out of the ten sectors as detailed in our 4Q16 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.