Just six in 53 fund categories return in Q1

Morningstar’s Q1 fund performance review reveals Precious Metals was only one of two equity categories to grow so far this year, with the booming price of gold driving a 7.4% increase in the period. Taiwan large-caps also climbed 3.9%. Four out of the nine bond categories gave a return – with sterling, euro and dollar government bonds increasing, as well as dollar corporate bonds. In the UK, Small-Cap Equity recorded the smallest loss of the five categories in Q1, down 7.7%. Morningstar fund research director Christopher Traulsen says small caps appear to have stabilised somewhat in e...