While the Standard & Poor’s 500 Index fell 14.3% in the third quarter, many mutual fund categories performed worse, according to Lipper.

U.S. diversified stock funds fell 16.7% in the quarter, and global stock funds fell 20.4%. U.S. large-cap stock funds were down 15.4%, while U.S. small-cap stock funds gave up 21.8%.

The top-performing sector category was commodities specialty funds, which rose 1.2%. Precious metals funds fell 6.37%, utilities funds fell 6.4%, and commodities agriculture funds fell 7.6%.

The worst-performing sector was basic materials funds, which plummeted 27.1%. Not too far behind were: global natural resources funds (-25.6%), global financial services funds (-24.3%) and industrials (-22.8%).

Among the world stock category, the top-performing funds were focused on Japan. These funds fell 5.3%, while the worst-performing world stock category was China region funds, which were down 25.6%.

-- This article first appeared on Money Management Executive.



Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access