Looking Beyond Energy Funds

This year is on track to be the second straight year that the energy sector has been the best performing sector, so it is no surprise that energy mutual funds and those with significant energy holdings have outperformend those with lesser energy holdings. Mutual fund investors looking for performance beyond energy may be interested in three funds profiled by Kai Wiecking of Morningstar.com in this article via Yahoo Finance. Wiecking has uncovered "a handful of funds [that] managed to deliver strong returns despite being underweight in the market's strongest sector," including: Hotchkis and Wiley Core Value (HWCAX), and no-load funds, Oakmark International (OAKIX) , and Marsico Focus (MFOCX).

(permalink)

(May '04-Jun '05)