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No Free Lunch from Equal Weight S&P 500

Forbes - 29 Apr 2013 16:25
No Free Lunch from Equal Weight S&P 500 Timing is everything. You'd be basking in glory today if you launched a mutual fund 10 years ago that concentrated on mid-cap stocks because they outperformed. You'd be a dunce if you did the same thing in the 1990s because they lagged. Those are the facts behind the recent outperformance of the S&P 500 Equal Weight Index (S&P 500 EWI) and the funds that follow it.
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