Hard life for investment funds in the first six months of the year. The worst news concerns the equity ones, which recorded a disastrous performance, closing the semester all in the red. Among the biggest losses are those of funds invested in Pacific stock exchanges (-8,78%), emerging countries (-7.99%), America (-3,65%) and Europe (-2,39%) . Results arrived due to the volatility that characterized the markets in the first half of the year. There is a clear contrast with the generally positive trend of the main Stock Exchanges: in the same period the Ftse Mib gained 0,28%, while Paris recorded +5,32%, Frankfurt +7,31% and London +1,52 .6,15%. The Nasdaq (+8,68%), the Dow Jones (+500%) and the S&P 6,52 (+XNUMX%) are also in green.
A completely different story for balanced equity funds, which turned out to be the best among mutual funds in the January-June period, recording an advance of 1,78%. A performance even higher than that of bond funds, which traveled at two speeds. Those invested in investment grade Euro corporate bonds (+1,16%) and securities issued by emerging countries (+1,66%) performed well. On the other hand, medium-long term government dollar bond funds (-3,99%) and international government bonds (-2,07%) slid heavily. Flexibles (-1,59%) and Luxembourg (-1,34%) were also bad. Lastly, liquidity funds (+0,65%).
