Because of the havoc that 2008 wreaked on so many investors’ portfolios, 46% of the 468 diversified U.S. equity funds that have had the same manager for the past decade, have negative returns for the 10 years ended Feb. 28, The Wall Street Journal reports. By comparison, the S&P 500 fell 3.4% on average over the past 10 years.

One fund whose track record was shattered is the Hodges Fund, which declined 49.5% last year and is down 11% year-to-date. Before then, it was one of the best-performing funds around.

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