Mutual Funds Face Identity Crisis as Interest Rates Play Hard to Get

Ever wondered what happens when mutual funds hit that awkward phase where they can't decide if they're winning or losing? Well, grab your calculators and spreadsheets, because 2025's mutual fund scene is serving up some seriously perplexing performance numbers.

Money's Playing Hide and Seek

Interest rates, now lounging between 5% and 5.25%, are wreaking havoc across fund categories like a game of financial musical statues. According to Morningstar's latest report, multi-asset funds are having about as much success beating their benchmarks as a fish trying to climb a tree. Even with UK fund...