Betting on a Rebound in Resource Stocks
Keep an eye on these Medalist funds that have hefty weightings in energy and materials.
This article was published in the July 2014 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor here.
Want to find some funds due for a rebound? Look for sectors that have been crushed. The markets tend to rotate through sectors. Fund managers often have a bias or their strategies have a bias toward certain sectors so that they, too, go in and out of favor.
Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.