Equity funds in China extend gains
Lipper's China and Taiwan specialist, Xav Feng, warns investors not to get carried away by China-related gains so far.
Equity funds in China posted an average gain of 4.36% in April, bringing the gain in the first four months of the year to 30%, according to data provider Lipper. Thanks in large part to the improvement in investor sentiment worldwide, China equity funds have also been lifted, allowing then to partly recover from their 53% average loss in 2008.
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