| February's top-performing fund categories have turned sour in March as the market continues to weigh earnings, Europe and interest rates. Funds that use futures and options to goose returns in commodities soared 9.8% in February, but those funds change direction faster than a weather vane in a tornado.
From the end of February through March 9, leveraged commodity funds lost 8.3%, according to Morningstar, the Chicago fund trackers. Similarly, funds that leverage stock returns gained 9.4% in February, but have given back 3.3% in March...............................................Full Article: Source
|