Mutual Funds Weekly Roundup: October 5

Welcome to Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Find the latest content and information here about the 2019 Charles Schwab Impact Conference.


Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

Dow: All time high


Mutual Funds Weekly Roundup: October 5

Brian Mathews Oct 05, 2017 provides weekly information about any material impact on the mutual funds industry due to major economic and corporate events around the world. In addition, performance statistics on the top funds and fund categories are also provided.
  • U.S. equities all saw gains this week, with the Dow Jones Industrial Average hitting a new all-time high.
  • The best-performing fund so far for 2017 continues to be the Neuberger Berman Greater China Eq Instl (NCEIX).
  • U.S. Small Value Equities is the best-performing mutual fund subcategory based on the rolling month.
  • Make sure to check out the previous edition of the Weekly Roundup to keep track of changing trends in the mutual funds space.

Market Wrap-Up

U.S. Equities – U.S. equity markets all saw gains as the Dow Jones Industrial Average increased 0.25% to close at an all-time high of 22,405. The S&P 500 also had an increase of 0.69% for the week, closing at 2,519. The NASDAQ Composite Index had the week’s largest gains of all the major indices, up 1.07%, to close at 6,496. The NASDAQ is still the best-performing major index on a year-to-date basis, up 20.67%.

The energy sector was this week’s top-performing area, gaining 1.87%. The sector is composed of companies like Exxon Mobil Corp. (NYSE: XOM), which was up 1.88% for the week. However, the sector is still negative for the year, down 6.63%.

Explore our Mutual Fund Education section to learn more about important mutual fund concepts.

International Equities – International markets were a mixed bag this week, with the MSCI Developed Index showing a slight increase of 0.01% to close at 1,974. The MSCI Emerging Index had a decline of 1.82% for the week, but it remains the best-performing index on a year-to-date basis, up 28.14%. Japan’s Nikkei 225 had its third week of gains in a row, up 0.29%, to close at 20,356.

Commodities – The commodity sector was mostly positive with the exception of gold this week. Crude oil saw a gain for the fourth week in a row, up $1.01 per barrel and closing at $51.67 per barrel. The price of gold decreased $12 per troy ounce to close at $1,282. Copper saw a slight uptick of $0.01, to close at $2.96.

Be sure to read our important tips on how to invest in the right commodity-based mutual fund.

Taxable Bonds – Treasury yields continue to grow this week. The 2-year Treasury increased 5 bps to yield 1.48%. The 10-year Treasury yield increased 9 bps, while the 30-year Treasury yield increased 8 bps to 2.86%.

Municipal Bonds – Municipal yields also gained across all maturities this week. The 2-year AAA-rated bonds saw the week’s biggest increase of 12 bps to yield 1.02%. The 10-year AAA-rated bonds increased 7 bps, while the 30-year AAA-rated bond gained 7 bps and now yields 2.90%. Municipal bond funds saw inflows of $293 million for the fifth week in a row. The largest credit spread for the five-year securities decreased by 1 bps to settle at 57 bps for the week.

Performance Snapshot: Top Fund Category

The following table provides a list of the top-performing mutual fund subcategories for the previous week within the broader categories of the industry. In each of these subcategories, we have listed the top mutual funds based on the one-month return generated as of September 26, 2017.
*1-month subcategory returns reflect rolling month returns as of September 26, 2017.

Performance Snapshot: Top Fund

Top-performing fund: Neuberger Berman Greater China Eq Instl (NCEIX)

The fund’s largest holding is in Tencent Holdings Ltd (HKG:0700), which is up over 80% on a year-to-date basis.

Top 5 Performers

The following table provides the top-performing mutual funds on a YTD basis as of September 29, 2017. Only those funds that are rated five stars by Morningstar and that generated YTD returns greater than or equal to that achieved by the S&P 500 are included.

We provide this report on a weekly basis. To stay up to date with mutual fund market events, return to our News section.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Popular Articles

Download Our Free Report

Why 30 trillion is invested in mutual funds book