Fueled by the strength in financials and utilities and investors’ aversion to volatility in growth stocks, value mutual funds have continued to deliver strong returns, The Wall Street Journal reports. Many experts had predicted growth would return to favor.Year-to-date, domestic value funds have delivered an average return of 8.95%, compared to growth funds’ average of 1.22%.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.
