Average Fund Gains Behind Popular Indices Amid 1972 Slump
AP reports Arthur Lipper Corp notes mutual funds as a group failed to meet the Dow Jones, S&P 500, and NYSE composite in 1972 with an average fund gain of 9.26 percent. Templeton Growth led at 68.45 percent while worst funds dropped 34.24 percent. NYSE members see broker commission drop to 4.8 million first nine months of 1972.
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