TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.A late April fool's joke? No. A mutual fund focused on U.S. retail stocks is really among the top 25 performers for March. After eliminating leveraged and inverse funds, investors also jumped into emerging-markets, Russia and China funds. TheStreet.com Ratings' model for stock mutual funds ranks the Fidelity Select Retailing Portfolio ( FSRPX) in the "buy" range, with the fund's net asset value expanding more than 19%. Retail stocks held by the fund turned up with the overall market that bottomed in early March, with investors seeing bargain-basement pricing on company shares. Men's Wearhouse ( MW), up more than 42%, and JC Penney ( JCP), up nearly 31%, both looked sharp as masses of recently unemployed invest in new interview suits. Home Depot ( HD) added 14%, while Lowe's ( LOW) improved by 15% as they benefited from homes being fixed up and readied for sale. Whole Foods Market ( WFMI), up 38%; Best Buy ( BBY), up almost 32%; and Target ( TGT), up 21%, were other retail winners in March. Representing a potential opportunity in the global investing front, Dreyfus Greater China Fund ( DPCRX) is the other fund ranked in the "buy" range in our list of best performers. The fund is allocated to 70% China, 21% Hong Kong, 8% Taiwan and 1% Singapore. The fund jumped 22% in the month. China is enjoying the limelight on the world stage at the G20 meeting. The country is commanding a greater say in world economics due to its status as a creditor nation with a growing economy. A revival of U.S. retailers selling significant quantities of Chinese goods only bodes well for Chinese stocks.