Death, Taxes, and Short-Term Underperformance: Non-U.S. Funds

6 Pages Posted: 20 Jun 2008

Date Written: July 1, 2007


Now updated through 2006, this article illustrate the potential for periods of short-term underperformance may be one of the few certainties that investors can count on. Our research focuses on the performance results of non-U.S. mutual funds over the last decade. Observations suggest that underperformance in shorter time periods - such as one quarter, one year, or even three years - is to be expected, even for funds that have performed strongly over the long term. (Note: This article has been filed with FINRA.)

Keywords: investor, investment, death, taxes, mutual fund, short-term, performance

Suggested Citation

Institute, Brandes, Death, Taxes, and Short-Term Underperformance: Non-U.S. Funds (July 1, 2007). Brandes Institute Research Paper No. 2007-04. Available at SSRN: or

Brandes Institute (Contact Author)

Brandes Investment Partners ( email )

11988 El Camino Real, Suite 500
P.O. Box 919048
San Diego, CA 92191-9048
United States

Register to save articles to
your library


Paper statistics

Abstract Views
PlumX Metrics