(Bloomberg) -- U.S. equity mutual funds rose 4.8
percent in the second quarter, twice the rate of the first three
months of the year, as record corporate takeovers pushed U.S.
stock indexes to new highs.
Funds that invest in energy companies were the top
performers, climbing 10 percent, and real estate funds were the
biggest losers, falling 8.6 percent, according to data compiled
by Chicago-based research firm Morningstar Inc.
Read more at Bloomberg Stocks News
percent in the second quarter, twice the rate of the first three
months of the year, as record corporate takeovers pushed U.S.
stock indexes to new highs.
Funds that invest in energy companies were the top
performers, climbing 10 percent, and real estate funds were the
biggest losers, falling 8.6 percent, according to data compiled
by Chicago-based research firm Morningstar Inc.
Read more at Bloomberg Stocks News
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