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The Gloom Breaks.

Authors :
Maxey, Daisy
Little, Lyneka
Source :
Wall Street Journal - Eastern Edition. 10/2/2007, Vol. 250 Issue 78, pR3. 0p. 2 Charts, 1 Graph.
Publication Year :
2007

Abstract

The article presents an analysis of the performance of stock funds in the U.S. for the third quarter ended September 28, 2007. The average U.S. diversified stock fund achieved a 0.94% return for the quarter, a better outcome than anticipated due to the subprime mortgage crisis and the weak stock market. The largest third-quarter gains were focused in portfolios that favor big companies, which benefit from economies of scale and global expansion opportunities. CGM Focus fund achieved the highest return for the quarter with 71.88%.

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
78
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
27018333