Mutual Funds, Past Performance

{
  "id": "MLC-T-FIN-000258",
  "term": "Mutual Funds, Past Performance",
  "field": "Finance and investing",
  "definition": "This year's top-performing mutual funds aren't necessarily going to be next year's best performers. It’s not uncommon for a fund to have better-than-average performance one year and mediocre or below-average performance the following year. That's why the SEC requires funds to tell investors that a fund's past performance does not necessarily predict future results.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/mutual-funds-past-performance/"
}