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But it is not clear where the money taken out of stock funds will go.
If you have three international stock funds, for example, be sure to add them together.
In fact, Europe stock funds have had only one good year since 1989.
Latin American stock funds were up more than 21 percent.
As a group, so have the managers of stock funds.
After five years, all stock fund investors were doing quite well.
The last three months were not at all kind to investors in international stock funds.
It is also more money than all stock funds had in them a decade ago.
As a group, stock funds have not seen a month when investors took money out in more than four years.
Today, stock funds make up only 25 percent of assets.
Last year was a record for money flows into stock funds.
Despite their strong finish, however, most stock funds lost money in 2001.
The average domestic stock fund, for example, was up 18.4 percent last year.
In October the figure stood at 12.9 percent, a record for stock funds.
A year ago, he reports, about 30 percent of such retirement money went into stock funds.
Stock funds are going to get a lot more money over the next two years."
For the year, the average general domestic stock fund rose 11.9 percent.
Of course, not every stock fund ended last quarter in the red.
You might think, then, that money would be pouring into stock funds.
In doing so, the research team may have also found a better way to pick winning stock funds.
On average, they said, their stocks and stock funds lost 13 percent during the first four months of this year.
There was only a small amount of money taken from stock funds by investors, he said.
For now at least, those who buy technology stock funds seem to be more cautious than before.
Over all, international stock funds rose 11.3 and 10 percent, respectively.
And fully a quarter of this money is in stock funds.
Our equity funds are doing very well at the moment.
The average equity fund lost 3.9 percent for the year.
However, international equity funds are ahead by only 7.52 percent.
Through the first half of 1998, the average general equity fund was up more than 11 percent.
The company has now closed half of its 16 equity funds.
And it has a good record over all in equity funds.
But most every other type of equity fund lost value.
The bank's equity fund, for example, is off about 18 percent so far this year.
A similar but more complex model is the media for equity fund.
A second group of private equity funds has also expressed interest in the company.
Last year, the average equity fund turned in a gain of 30.66 percent.
There are no equity funds operating in the country as of 2009.
When that window opens, private equity funds will not be alone.
This compares with an 11 percent return for all general equity funds.
Other group companies provide asset management, research and private equity fund services.
Details of the equities fund are still being worked out.
Among all domestic equity funds, the average gain was just 0.7 percent.
And I think less than 10 on an equity fund is a reasonable possibility.
Still, investors continued to pull money out of equity funds.
Most equity funds pay out part of their profits in December.
Gold equity funds showed the best performance, with a 22.14 percent gain.
They ranked second and third among equity funds for the quarter.
Whether Mexican equity funds remain good values is another matter.
"But since then, we've beaten 98 percent of the general equity funds."
Losses in all domestic equity funds were a bit less, at 2.9 percent, on average.