The Best- and Worst-Performing Funds in April
From Morningstar: 2025-05-06 04:54:00
In April, property, Europe, and UK funds outperformed due to trade wars and tariff news. Energy funds and China struggled. Markets hit initially by tariffs managed to recover. Over half of UK funds had a negative month with seven seeing double-digit losses. Best performers included European property, UK mid-cap equities, and long-duration euro bonds. Worst performers were energy equities and China funds, with Guinness Global Energy being the worst performer in April, down 14.56%. 1. The stock market reached new heights today, with the S&P 500 hitting a record closing high of 4,500. This surge is attributed to strong earnings reports from major tech companies and positive economic data.
2. In the latest COVID-19 update, health officials reported a 20% decrease in cases nationwide over the past week. The CDC also stated that 60% of eligible Americans are now fully vaccinated, contributing to the downward trend in infections.
3. A new study revealed that 70% of Americans are considering buying an electric vehicle (EV) in the next five years. This increase in interest is driven by concerns about climate change and rising gas prices, with Tesla being the most preferred brand among potential buyers.
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