Mutual Funds
Investors Pour Cash into Global Funds
(MONEY Magazine) – Buoyed by emerging markets, global stock funds continued to outperform domestic ones. Investors have followed the momentum, adding $71.5 billion in the first quarter. Fidelity's Contrafund closed to new investors on April 28. Assets at the fourth-largest stock fund exceed $67 billion. THE 10 BIGGEST STOCK FUNDS FUND AVERAGES TOP-PERFORMING FUNDS NOTES AND SOURCES: Data as of April 27 from Lipper, New York; 877-955-4773. Tickers represent the largest share class. The 10 Biggest Stock Funds ranked by total net assets. [1] Annualized. [2] Closed to new investors. N.A.: Not applicable or not available. |
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