Hong Kong Fund Market Summary – July 2007
From: Lipper
• Commodities funds (+1.74%) on average outperformed all other types of funds in July 2007.
• Among equity funds (+1.26%), Asia equity funds occupied the top spot.
• Bond funds overweighting government and investment-grade bonds in their portfolios outperformed all others.
• Those mixed-asset funds having larger exposure to Asian equities posted the best returns.
• Market outlooks mainly depend on the development of the U.S. subprime mortgage crisis.
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Copyright Fund China 2009.
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