FYI: Energy mutual funds have outperformed their closest stock sector runners-up for most of the past 15 years. But their recent plunge has taken them below real estate and health care funds.
A $10,000 investment in the average energy mutual fund on Dec. 31, 1999, would have grown to $43,924 by Jan. 21 this year, according to Morningstar Inc. data. The same amount would have grown to $58,884 in domestic real estate funds, $46,052 in health care funds and $18,421 in the S&P 500.
Regards,
Ted
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