Wednesday, April 2, 2008

Equity Funds Post Worst Quarterly Returns in 23 quarters

Equity Funds Post Worst
Quarterly Returns in 23 Quarters
Tom Roseen
Senior Research Analyst
Lipper, Denver

For the first time in eight quarters Mixed-Equity Funds (-5.98%) climbed to the top of the pack, outshining its USDE Funds (-10.11%), World Equity Funds (-9.74%), and Sector Equity Funds (-7.96%) counterparts.- For the quarter only a dismal 4% of all equity and mixed-equity funds posted positive returns, with Dedicated Short-Bias Funds (+11.93%) jumping to the head of the classifications for the second consecutive quarter. - Large-cap and value-oriented funds mitigated losses better than their small-cap and growth-oriented counterparts during the quarter. ...- Latin American Funds (-3.39%) elbowed out its emerging markets counterpart--China Region Funds (-21.24%).

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