31.03.2011 - Commodity mutual funds benefit from rising prices
Commodity mutual funds have performed better than their equity peers in the past few months thanks to rising commodity prices. However, most of the funds are global in nature and has provided up to 18% returns in the past six months even as equity funds lagged behind. Most of the mutual funds in this sector invest in commodity stocks that have benefitted in recent times due to surge in commodity prices. This includes the likes of Monsanto, Posco, Tata Steel, Exxon Mobil, Arcelor Mittal or Rio Tinto.............................................Full Article: Source
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