Commodities funds lead the way in Malaysia
Lipper figures show funds that invest in China were among those that underperformed in May.
Mutual funds registered for sale in Malaysia posted an average return of 0.62% in May, extending AprilÆs average 2.24% gain, according to data from Lipper.All funds by asset type, except protected funds which posted an average loss of 0.04%, recorded gains on average for the month. High-volatility type funds such as commodities funds and equity funds posted the highest average returns of 4.86% and 1.10%, respectively.Equity funds investing in commodities-related stocks outperformed ot…
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