Energy and natural resource funds attained the highest average return for the second quarter, with a mean of 19.05% -- but the time may be ripe for utility funds to outperform in the months ahead.
The best-returning fund for the quarter was the BlackRock Global Resources Fund (SSGRX Quote), returning 45.5% for the quarter and 12.52% for the month of June.
The top holdings in this fund include Consol Energy (CNX Quote), Massey Energy (MEE Quote), Arch Coal (ACI Quote), Plains Exploration & Production (PXP Quote) and Newfield Exploration (NFX Quote).
However, those investors who expect the bull market in energy and natural resources to peter out, and predict further weakening in the domestic economy, may do well to start considering utility funds as investment options into the third quarter. ...
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