Mutual Funds Try Hard To Hide One Statistic

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Mutual Fund Companies Are Keeping A Big Secret (Advisor Perspectives) Gary Halbert of Halbert Wealth Management shared a FINRA quiz on economic and investment basics with his readers and one of the questions many of them missed was on drawdowns. "Maximum (or max) drawdown refers to the worst-ever losing period for any given investment," he writes. Mutual funds according to Ha...