How To Stop COVID-19 From Derailing Your Retirement
Justin Kuepper
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Let’s take a look at a few key pieces of advice to stop...
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Digging deeper, the overall sales figure received the biggest tailwind from the automotive sector, which saw sales growth of 1.5% in August, marking the biggest rise since March. Other sectors that saw growth were food, electronic, internet, and sporting goods retailers along with bars and restaurants.
The laggards in this month’s report were sales for general merchandise and department stores. Overall, retail sales have risen 5% in the past year; July sales were revised to 0.3% from being flat, and June sales were revised to 0.4% from 0.2%.
Ticker | Name | AUM | 1-Year Return |
---|---|---|---|
FDAGX | Fidelity Select Consumer Staples Portoflio | $2.3B | 8.41% |
VCDAX | Vanguard Consumer Discretionary | $1.4B | 15.47% |
FSCPX | Fidelity Select Consumer Discretionary Portoflio | $778.8M | 10.07% |
FSRPX | Fidelity Select Retailing Portfolio | $753.4M | 9.05% |
ICCAX | ICON Consumer Discretionary | $65.6M | 13.81% |
In this current environment, consumer-focused stocks are regarded as a gauge for the overall pace of the recovery, as well as the health of the labor market; this is because the availability of jobs and wage levels play a key role in influencing consumer spending habits.
As such, today’s upbeat report serves as evidence that the recovery is indeed continuing to pick up steam.
Consumer staple stocks on the other hand are more defensive by nature, and less volatile, since they sell everyday household goods, which are more or less necessary for survival, regardless of the economic environment.
As a whole, consumer-focused mutual funds warrant a closer look from anyone looking diversify their portfolio’s equity component since this asset class can be utilized to generate current income as well as attractive capital gains at times.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let’s take a look at a few key pieces of advice to stop...
News
Iuri Struta
|
Most equities have continued their rally these past two weeks, along with investment-grade...
Aaron Levitt
|
While tax-gains harvesting takes some planning to implement, it can help save investors...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
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Let's take a closer look at how ESG investments have outperformed during the...
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Daniel Cross
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While CITs and mutual funds share many similarities, there are some key differences...
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Sam Bourgi
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The phrase ‘bear market’ has been thrown around a lot lately, but it...
Digging deeper, the overall sales figure received the biggest tailwind from the automotive sector, which saw sales growth of 1.5% in August, marking the biggest rise since March. Other sectors that saw growth were food, electronic, internet, and sporting goods retailers along with bars and restaurants.
The laggards in this month’s report were sales for general merchandise and department stores. Overall, retail sales have risen 5% in the past year; July sales were revised to 0.3% from being flat, and June sales were revised to 0.4% from 0.2%.
Ticker | Name | AUM | 1-Year Return |
---|---|---|---|
FDAGX | Fidelity Select Consumer Staples Portoflio | $2.3B | 8.41% |
VCDAX | Vanguard Consumer Discretionary | $1.4B | 15.47% |
FSCPX | Fidelity Select Consumer Discretionary Portoflio | $778.8M | 10.07% |
FSRPX | Fidelity Select Retailing Portfolio | $753.4M | 9.05% |
ICCAX | ICON Consumer Discretionary | $65.6M | 13.81% |
In this current environment, consumer-focused stocks are regarded as a gauge for the overall pace of the recovery, as well as the health of the labor market; this is because the availability of jobs and wage levels play a key role in influencing consumer spending habits.
As such, today’s upbeat report serves as evidence that the recovery is indeed continuing to pick up steam.
Consumer staple stocks on the other hand are more defensive by nature, and less volatile, since they sell everyday household goods, which are more or less necessary for survival, regardless of the economic environment.
As a whole, consumer-focused mutual funds warrant a closer look from anyone looking diversify their portfolio’s equity component since this asset class can be utilized to generate current income as well as attractive capital gains at times.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let’s take a look at a few key pieces of advice to stop...
News
Iuri Struta
|
Most equities have continued their rally these past two weeks, along with investment-grade...
Aaron Levitt
|
While tax-gains harvesting takes some planning to implement, it can help save investors...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...