The biggest losers in the third quarter were fixed-income fund categories
After years of disappointing returns, precious metals funds may hold promise. If other equities slide due to continued failures of U.S. fiscal and foreign policy, gold could shine
Precious metals equity index rebounds after four months of losses
The sector has attractive valuations, but is facing mounting downward pressure due to moderating incomes and tightening credit conditions
Despite a rebound in the resources sectors, Canadian equity funds posted modest losses during the month
Two strategies for international equities
The worst performers for the month were natural resources equity, European equity, and energy equity
Portfolio managers also are uncertain about the direction of oil prices
The worst performers in May were fund indices that track sector-specific categories
The U.S. economy is perking up and consumer confidence is increasing