TheStreet.com Ratings initiated coverage of 33 open-end mutual funds that accrued a track record of three years of risk and performance data by the end of June.
One of the funds that opened for business in June, 2005, received our top rating level of Excellent.
The Royce Global Select Fund(RSFTX Quote) starts off with the highest possible rating of A+. The fund targets mid-, small-, and micro-cap stocks considered to be undervalued. Its allocation is 17.0% mining, 17.0% banks, 6.2% machinery, 5.8% oil and gas services, 5.7% oil and gas, and 5.6% iron and steel.
Three noteworthy holdings that have performed well are UltraShort Consumer Services ProShares(SCC Quote), UltraShort Industrials ProShares(SIJ Quote) and UltraShort Real Estate ProShares(SRS Quote). All of these are exchange-traded funds that sell short their underlying indexes with 200% leverage. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
|
|
UP
34.92
|
UP
4.14
|
UP
6.16
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.65
|
|
+0.34%
|
+0.38%
|
+0.29%
|
-0.93%
|
Data delayed 20 minutes |
Connect with TheStreet