AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Natural Resources' 8.28% Gain Led Sectors In July.(MUTUAL FUNDS)
Byline: PAUL KATZEFF
July was hot, hot, hot. So were natural resources funds, which led all sectors last month. And despite the ongoing rise in energy prices, which fueled much of resources' climb, the rest of the market advanced too, with strong showings from telecommunication and real estate funds.
Natural resource funds averaged an 8.28% surge, according to Lipper. Telecom soared 6.66%. Real estate funds gained 6.64%.
Gold-oriented funds were the only sector to lose ground. They gave back 1.44%.
The strong showing by resources was due to solid fundamentals, says Brian Hicks, co-manager of $540 million U.S. Global Investors Global Resources Fund.
…
-
- 18-month high in real estate deals in July 10,700.
-
News wire article from: Asia Africa Intelligence Wire
August 17, 2003
700+ words
-
- Morguard Sunstone Real Estate Income Fund Announces July Distribution
-
News wire article from: The America's Intelligence Wire
July 19, 2012
700+ words
-
- China Real Estate Climate Index Continues to Fall in July.
-
News wire article from: SinoCast China Financial Watch
August 19, 2008
700+ words
-
- Gold Funds Slipped As Dollar Rallied During July Real estate funds join in...
-
Magazine article from: Investor's Business Daily
August 9, 2002
700+ words
-
- Shanghai Real Estate Market Continues to Fall in July.
-
News wire article from: SinoCast China Financial Watch
August 1, 2008
700+ words
