Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:American Funds, Fairholme and Fido Surprise M* Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, December 31, 2012

American Funds, Fairholme and Fido Surprise M*

News summary by MFWire's editors

Which funds offered the most surprises in 2012?

Morningstar examines a number of funds that had tumultuous experiences in 2012.

For example, the Fairholme Capital's Fairholme and the Schneider Small Cap Value funds had a great year, after "appalling" loses in 2011. Because these are focused funds, a few stocks can play a big role in their returns, according to Morningstar.

Momentum funds had a tough year, according to the research firm. Turner Midcap Growth lost 8.4 percent in 2011 but gained only 3.8 percent in 2012. Brandywine Blue lost 10.3 percent in 2011 and gained a mere 5.1 percent in 2012, giving it three bottom-decile performances in the past four years, according to Morningstar. One exception though was AQR Momentum, which produced a 15.2 percent gain this year.

Unpopular funds also had good years. For instance, Morningstar cites American Funds' Growth Fund of America, which was hit with $33 billion in outflows in 2012, even while returning 18.6 percent.  Also, American Funds Capital World G/I A shed $9 billion to outflows in 2011 but gained 17.9 percent this year.

Other funds examined include Fidelity's Fidelity Diversified International, Third Avenue's Third Avenue Value, Putnam [profile] Putnam Equity Income, Primecap's Primecap Odyssey Aggressive Growth and Vanguard's Vanguard Primecap Core

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use