Technology also played a critical role in the proliferation of products such as ETFs during the past 10 years
Although small-cap stocks have underperformed this year, they have beaten the broader market over 10 years
Long-term funds recorded net redemptions of $4 billion
The projections for mutual fund returns in the next several years are modest at best
The company is adding a currency management strategy to Franklin High Income Fund
The changes take effect Jan. 1, 2019
New risk ratings for 37 mutual funds
The company is also rolling out more competitive pricing to reward client loyalty
Preferred pricing program expands to cover more funds
Mutual funds sales slump reflects investors’ risk-averse mentality