Here is a list of the top American funds as rated by TheStreet.com. All in all, they have fared pretty well in the market turmoil, with the top funds in the list all benefitting from the weaker U.S. dollar and stronger overseas markets. This may change as weaker economic growth data come out of both Europe and Asia. The U.S. dollar has also rallied, which means that funds will return less dollars when they convert their foreign earnings into U.S. currency.
The other category of funds that performed well focused on income generation from their investments. In the current environment, it is likely that we will see more of this class of investment performing well as investors clamor to find yield in what can be described as a low return environment.
Top American Funds
Source: TheStreet.com Ratings
Sam Patel, CFA, is the manager of mutual fund research for the TheStreet.com Ratings.
In keeping with TSC's Investment Policy, employees of TheStreet.com Ratings with access to pre-publication ratings data must pre-clear any potential trade through the legal department, and are prohibited from trading any security that is the subject of an unpublished rating revision until the second business day after the rating is published.
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