FYI: Volatility was the stock market’s most notable characteristic during the first half of 2018, as rising rates and trade tensions sent stocks careening. Mid-year readings show a mixed bag, with the Nasdaq Composite up 8.8% over the past six months, while the S&P 500 index managed to post a 2.3% gain and the Dow Jones industrials fell 1.8%.
Some funds saw even bigger losses, though. Following are some of the worst underperformers over the past six months.
Source: CFRA. Excludes funds with less than $100M in assets and leveraged funds.
Regards,
Ted
http://www.investmentnews.com/gallery/20180710/FREE/710009999/PH1. CGM Focus Fund
2. Kinetics Internet Fund
3. Fidelity Select Consumer Staples Fund
4. Fairholme Fund
5. Fidelity Select Insurance Fund
6. Vanguard Consumer Staples Index Fund
7. Fidelity Select Environmental & Alternative Energy Fund
8. BP Capital TwinLine MLP Fund
9. Mainstay Cushing Renaissance Advantage Fund
10.Lyrical US Value Equity Fund
