Despite Nagging Tariff Concerns, Equity Funds On Average Post A Plus-Side Return For Q2 2018

by: Tom Roseen


For Q2 2018 equity funds (+1.77% on average) posted their tenth quarterly gain in 11. Lipper’s Sector Equity Funds macro-classification (+3.90%) jumped to the top of the leader board.

The Sector Equity Funds macro-classification housed four of the five best performing classifications in the equity universe for Q2, with Commodities Energy Funds (+13.29%) being the universe leader.

The World Equity Funds macro-group was dragged down by Latin American Funds (-17.62%) and Emerging Markets Funds (-8.85%).

Small-cap(+6.91%) and growth-oriented (+6.08) domestic equity funds ruled the roost forQ2.

Investors cautiously pushed equity mutual funds to their tenth quarterly gain in 11, generally shrugging off trade-war rhetoric during the quarter. For Q2 2018 the average equity fund posted a return of 1.77%, with Thomson Reuters Lipper’s Sector Equity Funds macro-classification (+3.90%) landing at the top of the four major equity groups for the first quarter in eight. In this segment I highlight the Q2 and June 2018 performance results for equity mutual funds and ETFs.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.