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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
June 12, 2002 at 08:00 PM
NU Online News Service, June 12, 11:32 a.m. – Standard & Poor’s, New York, reports that small-cap value funds and mid-cap value funds are outperforming the seven other types of domestic equity funds it tracks.
Total return figures for the first five months of the year show that the seven other types of funds all lost money. The average domestic equity fund was down 5.16%, and the funds in the worst-performing category, the large-cap growth category, suffered an average decline of 10.63%.
But small-cap value funds scraped up a 3.68% increase, and mid-cap value funds increased 6.62%.
Small and mid-cap stocks are doing well, in general, because most have avoided the accounting and management scandals, the regulatory scrutiny and the currency fluctuation issues that have hurt the stocks of larger companies, S&P says.
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