Updated Sunday, May 19, 2013 as of 12:37 AM ET
Portfolio - Mutual Funds
Can Stock Funds Surge?
by: Tom Steinert-Threlkeld
Tuesday, January 29, 2013
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At this point, though, the good news is that stock funds are prospering pretty much across the board, Lemieux said.

Domestically, funds that invest in large capitalization growth stocks picked up $1.4 billion. So did funds that invest in "core" middle-sized companies.

In fact, the value of stocks has been rising for nearly four years. Since closing at 683.38 on March 6, 2009, the Standard & Poor's 500 broad index of stock market values has gone up 118%.

The Standard & Poor's 500 reached a five-year high at the end of December. Just last week, on January 22, it stood at 1,490, just 75 points away from its all-time high of 1,565, set on October 9, 2007.

It's too early to guess whether stock funds will all of a sudden be investors' favorite place to park their long-term assets, nonetheless.

"We'll have to see how this sustains" itself, Lemieux said.

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