Financial Planning News
Wed, 13 Mar 2013
Read the rest of this article on Financial Planning News
Taxable-bond funds led open - end asset flows in February, with investors showing interest in emerging-markets bonds and bank-loan funds.
Technology, financials, and consumer cyclicals all fared well during the first quarter as investors took on more risk, boosting the performance of funds well-positioned for those sectors, according to Morningstar's Shannon Zimmerman.
Strong 2011 returns and perceived safety led to continued popularity for bond funds last month, while domestic growth funds suffered redemptions.
©2012 Morningstar Advisor. All right reserved.