Staying on top of mutual fund news is important for investors. Below, we look at the most important mutual fund news from the past week.
Mutual Funds Rise in February
After losses in January, growth-focused mutual funds outperformed in February. These funds were lead by the technology sector, which returned 8%. Many funds also benefited from rising oil prices.
For more information, check out the full article.
What Stocks Funds are Buying
Investors.com recently published an article naming the stocks that mutual funds have been buying the most of recently. The following stocks were included:
- Allergan (AGN)
- Biogen (BIIB)
- Pharmacyclics (PCYC)
- Salix Pharmaceuticals (SLXP)
- Apple (AAPL
- Lowe’s (LOW)
To read the full article, click here.
The Best Global Mutual Funds
Zacks Investment Research recently published an article highlighting the “5 Best Rated Global Mutual Funds to Invest In”. The article included the following funds:
- Dreyfus Worldwide Growth A (PGROX)
- T. Rowe Price Global Growth Stock Advisor (PAGLX)
- Lord Abbett Diversified Equity Strategy A (LDSAX)
- Fidelity Series All-Sector Equity (FSAEX)
- T. Rowe Price Global Stock (PRGSX)
To read the full article, click here.
Mutual Funds Focused on Turnarounds
Forbes recently published an article highlighting mutual funds that focus on turnaround stocks. Many investors tend to shy away from these holdings, but these funds allow investors to gain diversified exposure to these companies.
To read the full article, click here.