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Rating:International Funds Post Large Gains in Q3 Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, October 06, 2009

International Funds Post Large Gains in Q3

by: InvestmentWires Staff, 

In Tuesday's Wall Street Journal Fund Track, Sam Mamudi picked up on third quarter Morningstar data showing that half of the four best-performing fund categories were those that pursue international stocks.

Fund that invest in Latin American stocks are up 26 percent and those that invest in global real estate are up 23.2 percent.

Mamudi also noted that the average return of for U.S. stock funds since March 9 is 63.2 percent, while international funds have posted an average return of 74.6 percent.

Among those quoted in the article are Virginie Maisonneuve, who heads global and international equities at Schroder Investment Management; David Semple, manager of Van Eck Emerging Markets Fund and Morningstar analyst Bill Rocco.  

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