Investors are now paying close attention to Malaysian corporate earnings as mutual funds in the country post further gains, according to data provider Lipper.
Equity funds were the best performers in July, but commodities funds recorded a loss, according to Lipper.
Recovering from market lows early in the year, equity funds outperform all other asset classes in April with a double-digit average gain.
Funds for sale in Malaysia extend their losses in February, according to Thomson Reuters Lipper data.
Commodities funds posted an average gain of 4.61% last month, a turnaround from their 33.30% average decline in 2008.
Commodity funds posted an average decline of 33.3% in 2008, according to Thomson Reuters Lipper data.
Lipper expects investors to remain conservative in their portfolio choices.
Natural resources prices continue to undermine the returns of commodities funds in Malaysia, says Lipper.
The HLG Vietnam fund managed by HLG Asset Management is among the few bright spots, gaining 38.1% in August, says Lipper.
Lipper data shows commodities funds are continuing to weigh on the performance of mutual funds in Malaysia, bringing average year-to-date losses to more than 11%.
Lipper figures show funds that invest in China were among those that underperformed in May.
Equity portfolios lead the gains, putting an end to five months of negative performance.
Funds in Malaysia generally fail to impress for the fifth straight month.
Equity funds continue to lead losses, while commodities funds post strong gains, according to Lipper data.
Lipper research shows equity funds have lost steam, leading last month’s worst performers.
Lipper reports equity funds post strong gains in 2007, boosting the overall performance of mutual funds sold in that market.
Lipper data shows Greater China funds lead the decline in equities portfolios in November.
Portfolios with local and regional shares boost overall gains of equity funds tracked by Lipper.
September turns in an average 3% gain for funds tracked by Lipper.
Funds tracked by Lipper post an average loss of 3.64% in August.