superstar equities in the technology and financial sectors powered double-digit positive returns for mutual funds in the first quarter, a period when almost every outcome reflected positive investor attitudes. Among specific sectors, science and tech funds, as a single sector, led the pack with average returns of 20.3%. The story was the same across the world, as global science and tech funds averaged 19 gains. Financial services was another big winner, up 18%; and consumer services funds advanced 17%, according to Lipper.

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