Most mutual fund categories lost ground in June: Morningstar [Investment Executive - News]
Morningstar, Inc. (MORN)
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Source: Investment Executive - News
Products The worst performers for the month were natural resources equity, European equity, and energy equity By James Langton | July 05, 2017 15:00 Companies cited in this article Morningstar Research Inc. More Most fund categories posted negative performance for the month of June, according to preliminary performance data released on Wednesday by Toronto-based Morningstar Research Inc. Forty of the 44 fund indices decreased in the month of June, while 32 increased during the quarter ended June 30. Aside from the two fund indices that track money market categories, the only fund indices that increased during the month were preferred share fixed income, up 3.3%, and financial services equity, up 2.9%. The worst performers for the month were natural resources equity, European equity, and energy equity, which decreased by 3.7%, 4.2%, and 5.6%, respectively.
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