Insightful Investing Update December 2009
Stocks were back to their winning ways in November, with Large Cap Stocks picking up 6%, Mid Cap Stocks 5%, and Small Cap Stocks 3%. There was not a lot of difference between growth and value this month, but there is little doubt that growth stocks are having a better year than value stocks coming out of the recession.
International Stocks picked up a couple of percentage points this month, while Emerging Market Equities doubled their developed brethren. In a similar fashion, most Bond Mutual Funds added a percentage point for the month, while TIPS doubled that return in November. The big winner for the month was actually Real Estate (REITs) which tacked on 7%.
Cohen & Steers Realty Shares (CSRSX) was our best overall mutual fund in November, returning 7.2 % for the month. Westcore Select (WTSLX) picked up 6.9% to lead our domestic equity mutual funds, while a 5.3% return for Scout International (UMBWX) topped our International Mutual Funds.
On the Bond Mutual Fund side of the house a 2.9% return by Northern Global Fixed Income (NOIFX) was slightly ahead of Fidelity Inflation-Protected Bond (FINPX), which earned 2.7% in November.
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