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Tuesday, Jun 18
Not all consumer staples funds (XLP, FXG, VDC, KXI, PMR) are created equal, according to S&P...
Not all consumer staples funds (XLP, FXG, VDC, KXI, PMR) are created equal, according to S&P Capital IQ. Fund managers' weighting toward certain sub-sectors or their willing to invest globally or lean on fundamentals can create varying rates of return in the staples group. If there is some common ground, it's with the propensity of staples favorites Procter & Gamble (PG +0.1%), Coca-Cola (KO +0.5%), Philip Morris (PM +0.2%), and Wal-Mart (WMT +1%) to show up as top ten holdings.