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Money 65
OUR LIST OF RECOMMENDED MUTUAL FUNDS

(MONEY Magazine) – As stock and bond funds sputter, specialty real estate funds are showing resilience: The Vanguard REIT Index and Cohen & Steers Realty Shares posted 3.5% gains in June. After closing a year ago, longtime MONEY favorite Third Avenue Value Real Estate will reopen on July 1 (see Behind the Headlines, page 82). Emerging markets funds, meanwhile, keep sliding; the three in the MONEY 65 all suffered double-digit losses.

NOTES: As of June 15. N.A.: Not available. [1] Annualized. [2] Audited and annualized figures except on Fidelity. [3] Includes a waiver. sources: Lipper, New York, 877-955-4773; the fund companies. [UP] Up 10% or more for the month. [DOWN] Down 10% or more for the month.

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