With 2016 in the rear-view mirror, every investor has surely learned some valuable lessons in how to deal with surprises.

The good news, of course, was that the performance of equities in Q4 became the biggest surprise of all.

Yet even that positive backdrop can present challenges as we head into 2017. That’s precisely why the team at Principal Funds sees an increased need to focus on managing risk moving forward.

Click here to read the full story on ETF Trends and NYSE’s exclusive 2017 Market Outlook Channel.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.