### Comment:
https://www.marketwatch.com/story/jim-cramer-doesnt-beat-the-market-2016-05-13

### REPLY:
'While the fund outperformed the 500-member index in the years leading up to the 2008 financial crisis—which Hartley said was partially a reflection of the fund’s previous inclusion of small-cap companies and growth stocks that were outperforming during the pre-recession bull run—**things have gotten worse since 2011, with Action Alerts Plus falling 9.5% in that year, when the S&amp;P 500 was unmoved. It rose just 1.3% in 2014, versus an 11.4% increase for the S&amp;P, the study found.'**

### END.