After conducting this year's Quantitative Analysis of Investor Behavior (QAIB), Dalbar found that in 2010, the average equity fund investor has made a slight improvement in retention rates from 3.22 years in 2009 to 3.27 years for 2010. The positive news is that these numbers went up and are not decreasing year over year, the bad news is that the psychological factors that batter away at the average investor still exist and the code to crack these behaviors still remains a work in progress.

This year's report discusses the concept of "investor alpha". The reports explains how understanding both the investor, the psychological behaviors that drive them and the knowledge they posses about their investment selections can correctly help advisors and their clients adapt to changing market conditions and produce investor alpha that helps investors to succeed.

Full Version Purchase of the full version includes unlimited rights to use all of the charts and data in a firm's marketing materials, as well as the following information: Analysis of investor returns versus the S&P 500 since the inception of QAIB One-year investor return data since 1990 An explanation of how investor returns are calculated

Advisor Edition Designed specifically to meet the needs of individual advisors, this version includes much of the same information, as well as the rights to redistribute printed versions of the report to clients. This version does not include the rights to replicate or reproduce charts and data elements or the additional report components indicated in the bullet list to the left. Rights to use selected data elements separately.

Municipal Bond Fund Returns Report This report contains investor returns on municipal bond funds over the last 20 years as compared with inflation and the Barclays U.S. Aggregate Bond Index for the same twenty year period. The report also contains the appropriate disclosures, a glossary and an example of an Investor Return Calculation.