Forbes.com Fund & ETF Insights

Back to newsletter list

To ensure that you receive this e-mail, please add newsletters@forbes.com to your address book or safe sender list.

FORBES.COM MUTUAL FUND AND ETF INSIGHTS
WEEK OF NOVEMBER 10, 2008

please forward this to a friend!

Mutual Funds:

Top Performing Short-Term Fixed-Income Funds
Worst Performing Short-Term Fixed-Income Funds
Mutual Fund Assets

Exchange-Traded Funds:

Worst Performing European Stock ETFs
ETF Assets

Featured Articles:

Value All-Star Managers
Bet On A Rebound With ETFs

Targeting The Poor House
Hedge Fund Exit Strategies

SPECIAL OFFER

FORBES ONLINE INVESTOR CONFERENCE: PROFITING IN VOLATILE MARKETS
November 19 and November 20
Please join us for an informative Web-only event that will feature Steve Forbes, Rich Dad author Robert Kiyosaki, and an all star line up of investment advisers and market experts, including fund expert Jim Lowell, economist Gary Shilling, fixed-income expert Richard Lehmann, nanotech guru Josh Wolfe and small-cap stock adviser Jim Oberweis.
Register now, it's FREE And Get A Chance To Win A $500 Apple Gift Card or Forbes Highlander Dinner Cruise.

ADVISER PICK: ISHARES MSCI BRAZIL (EWZ)

Recommended by: Carl Delfeld, Chartwell Advisor Global ETF
Fund assets: $3,771 M

"I believe that a good trading opportunity is iShares Brazil that has gone from a price of $100 on May 17th to a price of $38 today. It has come down because of the general sharp drop in commodity prices but I believe that the selling is overdone. Brazil is more than just a commodity story. More importantly, I think many investors would benefit from some strategic advice during these difficult markets. I have settled on a core and explore strategy by which I mean building a core portfolio with the primary objective of capital preservation surrounded by explore/satellite portfolios with higher risk but also higher potential returns. Also, despite the sharp sell offs in global markets, stay committed to a global perspective and invest around the world realizing that different markets pose different risks and opportunities."

Performance	Top Holdings
1-Month: -2.6%	Petrobras
YTD: -53.8%	Vale
1-Year: -53.7%	Companhia Vale Do Rico Doce
3-Year: 6.8%	Banco Bradesco
5-Year: 23.89%	Banco Itau Holding Financeira

Click here for more fund analysis and recommendations in Carl Delfeld's Chartwell Advisor Global ETF Report.

TOP PERFORMING SHORT-TERM FIXED INCOME FUNDS

FUND	1-Year Return	1-Month Return	3-Year Return
Lord Abbett Developing Local Mkts (LGIPX)	14.0%	-3.7%	5.1%
SEI Daily Income Int-Dur Govt (TCPGX)	7.7	2.1	6.2
Fidelity Spartan Sht-Term Bond (FSBIX)	7.6	1.0	NA
American Century Target Mat 2010 (BTTNX)	7.0	0.6	6.0
Goldman Sachs Short Duration Govt (GSSDX)	6.9	1.1	5.6

WORST PERFORMING SHORT-TERM FIXED INCOME FUNDS

FUND	1-Year Return	1-Monthr Return	3-Year Return
Davis Appreciation & Income (RPFCX)	-43.6%	-12.1%	-11.7%
John Hancock High Yield (JHHBX)	-42.8	-3.4	-9.8
Evergreen Diversified Capital (EKBAX)	-42.6	1.0	-12.8
Nationwide Destination 2050 (NWQAX)	-38.6	-1.1	NA
Oppenheimer Active Allocation (OAABX)	-38.0	-2.9	-8.8

Through 11/10/08. Source: Morningstar.com

MUTUAL FUND ASSETS (billions)

Type	September, 2008
Stocks	$4,955.6
Taxable Bonds	1,319.6
Muni Bonds	370.7
Money Markets	3,384.0

The combined assets of the nation's mutual funds decreased by $959.33 billion, or 8.3%, to $10.631 trillion in September. Stock funds posted an outflow of $56.15 billion in September, compared with an outflow of $19.71 billion in August. Among stock funds, world equity funds posted an outflow of $22.48 billion in September, versus an outflow of $2.30 billion in August.

Source: Investment Company Institute

SPECIAL OFFER

GARY SHILLING WAS RIGHT
The housing market crashed, banks went under, and now the government is here to save the day. Think the problems have passed? Think again, before you invest.
Click here for Gary Shilling's Bear Market Toolkit.

WORST PERFORMING EUROPEAN STOCK ETFs

ETF	1-Year Return	1-Month Return	Total Assets
Market Vector Russia (RSX)	-63.0%	8.3%	$646M
iShares MSCI Austria Investable Mkt (EWO)	-61.0	-3.0	85
iShares MSCI Belgium Investable Mkt (EWK)	-59.2	-5.5	60
SPDR S&P Emerging Europe (GUR)	-58.2	4.9	42
PowerShares Dynamic Europe (PEH)	-55.2	-7.9	5
WisdomTree Europe SmallCap Dividend (DFE)	-55.0	-7.8	18
PowerShares FTSE RAFI Europe Small (PWD)	-54.5	-9.8	4
iShares MSCI Sweden Index (EWD)	-50.0	0.4	128
PowerShares FTSE RAFI Europe (PEF)	-48.6	-2.6	6
iShares MSCI Netherlands Investable (EWN)	-48.4	1.8	134

Through 11/10/08. Source: Morningstar.com

ETF ASSETS (millions)

Type	July, 2008
Domestic Equity	$378.3
Global Equity	157.0
Bond	47.3
Money Markets	3,487.4

The combined assets of the nation's ETFs rose by $4.72 billion, or 0.8%, to $582.79 billion in July. Over the past 12 months, ETF assets increased $93.92 billion or 19.2%. Assets in domestic equity ETFs increased $62.93 billion since July 2007, and global equity ETFs assets rose $10.29 billion during this period.

Source: Investment Company Institute

SPECIAL OFFER

GIVE YOURSELF A TRADING EDGE
Get a free seven-day trial of Short-Term PowerRatings with complete daily and intraday ranking of all Short-Term PowerRatings stocks, including today's highest PowerRatings stocks. Click here now to begin your trial without cost or risk.

Value All-Star Managers
The best bottom-up stock pickers for patient, long-term investors.
Godwin Maidment

Almost any fund manager can hit a lucky streak, but it's not as easy to outperform the market over decades and economic cycles. With the S&P 500 price off 36% from the end of October of last year to the end of this past October, it seemed like a good time to identify Wall Street's best value managers--experts in finding depressed and undervalued securities.

Click here for eight cream-of-the-crop value managers.

Bet On A Rebound With ETFs
Despite their awful results, exchange-traded funds still have their advantages over conventional funds.
Andrea D. Murphy and John J. Ray

With so many exchange-traded funds tied to worldwide market indexes, it is no surprise that the two should fall together. According to Lipper, a company that tracks mutual funds, of 745 exchange-traded funds, only 36 managed a positive one-year total return. Of that small group, all but four were dedicated to the short sell. In all this turmoil, there is still a bit of good news for ETF investors: when markets rebound--which they eventually will--these low-cost, tax-efficient and easy-to-trade investments will rise in step along with their underlying market indexes.

Click here for 10 good value propositions.

Targeting The Poor House
Retirement investing on autopilot. A nice idea, but unfortunately the biggest beneficiaries have been the financial salesmen who peddled it.
Joshua Lipton and Matthew Schifrin

Nearly every blue chip investment provider--from Goldman Sachs and Fidelity to Charles Schwab and Vanguard--offers target date funds. Just pick your retirement date from 2010 to 2040 and let Fidelity's Freedom funds or John Hancock's Lifecycle funds handle the rest. Unfortunately, the recent market sell-off has sent most of the marketers who created these things back to the drawing board. Many of the most popular target-date funds designed for people over 60 intending to retire in 2010 are down nearly 40% in the last 12 months.

Click here for the 10 worst 2010 funds.

Hedge Fund Exit Strategies
Investors need to know their options for getting their money back, especially when the market swoons.
Timothy M. Clark

Because of the recent market turmoil, many hedge-fund investors have questions regarding what regulations are applicable to hedge funds, and how to withdraw their money from their hedge-fund investments if they want out. Indeed, hedge funds often present many different barriers to withdrawal, and there are essentially no regulatory prohibitions on these barriers. Perhaps the best way to understand the regulations that apply to hedge funds is to compare them with mutual funds.

Click here for details.

For information about advertising in Forbes.com Mutual Fund And ETF Insights, please e-mail lbentley@forbes.net.

Click here to receive Forbes.com Mutual Fund and ETF Insights, free via e-mail.

You are receiving this email as an opted-in subscriber to Forbes Newsletters. You are on our mailing list as: kallyorama@gmail.com

If you do not want to receive email offers from Forbes Newsletters in the future, click here.

You may also email your opt-out request to privacyadmin@forbes.com
or send your request in the mail directly to Forbes Inc.

Attn: Privacy Administrator 60 Fifth Ave 8th Floor New York, NY 10011.

Please click below to review our privacy policy:
http://www.forbesinc.com/subservices/privacy.shtml

Back to newsletter list

Date:

From:

Subject:

Best Value Managers, Top Short-Term Fixed-Income Funds, ETF Duds