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Bonneville Seattle is raising funds for the construction of a second Fisher House at Joint Base Lewis-McChord in Tacoma and we need your help.News Summary: Dow recovery old news for some funds
March 7, 2013 @ 3:04 pm
(AP) - MARKET COMEBACK: The Dow Jones industrial average this week climbed to a record level, surpassing the previous high reached nearly five and a half years ago.
TOP FUNDS RECORDS: Some stock mutual funds recovered to their October 2007 levels in just a couple years, thanks to strong performance during the financial crisis and its aftermath.
SOMETHING IN COMMON: One thing stands out among these top funds: Nearly all limited their losses in 2008. Twenty of the top 30 large-cap funds posted losses of less than 30 percent that year, compared with the market's 38 percent plunge.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.