Times of LOCATION@1 , `` Global stock market losses total $ NUMBER@1 trillion '' ORGANIZATION@1 found that SMAs outperformed mutual funds in NUMBER@2 of NUMBER@3 stock and bond market categories for not only NUMBER@4 , but also NUMBER@5 and NUMBER@6 .

ORGANIZATION@2 said that SMAs outperformed mutual funds in NUMBER@2 of NUMBER@3 stock and bond market categories that year .
