Top 10 Leading and Lagging Mutual Funds for Third Quarter

Fei Mei Chan, writing for the Forbes Fund Focus column, covers the mutual funds winners and losers for the thrid quarter of 2005 in this article from Forbes. Chan, an Associate Editor in Statistics, reports that foregin stock and foreign bond funds outperformed U.S. stock and bond funds, noting that, "On average, U.S. diversified equity funds returned only 3%, seven percentage points behind the world equity category, [while] ...domestic growth funds outpaced value and core offerings." The reporter cited the no-load T. Rowe Price Latin America Fund (PRLAX) as one of the best-performing overseas (Latin American) funds, and the no-load RS Global Natural Resources Fund (RSNRX) as one of the top performers in natural resources, which as a group, led by rising oil prices, "gained another 20% in the third quarter, contributing to a year-to-date return of 40%." Two tables detailing the top 10 winners and losers is also included in the article.

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(May '04-Jun '05)