Consumer spending has continued to drive the economy in November, helped by stronger real earnings growth over the past year. This is how it affected the top-performing funds across different Fund types in November.
October was a good month with solid returns across all strategy vehicles, with the ETFs being the MVPs once more.
ETFs are consistenly on the winning side, making it a lucrative investment for Investors. It’s not a coincidence that Asset Managers are moving money to passive funds more and more. ETF assets rised to a record $4 trillion, and the markets seem to think that this is only the beginning.