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7 Mutual Funds That Should Be Banished From Your Portfolio

The "sell" picture couldn't be more clear for these mutual funds

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Now that the election dust has settled, it’s a good time to do some portfolio house cleaning and think about which mutual funds to sell.

In addition to the relative quiet and positive market sentiment this past week, prices for stocks are at or near all-time highs and bond prices are coming under downside pressure ahead of an almost certain bump in interest rates by the Federal Reserve in December.

Put differently, we have a brief window of opportunity to make some tactical moves to dump certain types of mutual funds before 2017 brings a Trump presidency and higher rates upon us.

With that backdrop, we took a close look at several types of mutual funds that could be big losers in the weeks and months ahead and highlighted big name funds that could be in your portfolio now.

In no particular order, here are seven mutual funds that investors should consider selling:

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