Continuing a trend begun in the second half of the year, world equity funds beat out all other specialty equity sectors as the best-performing funds of 2005, Forbes reports.

Through Dec. 15, world equity funds are up 16% for the year, more than twice the S&P 500. Among world equity funds, Latin American funds are the best-performing category, rising 53% for the year. Next up are Japan funds, which have delivered a performance of 27% for the year.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.