Equity funds in China go from strength to strength
Investor sentiment continues to improve on hopes that the government's fiscal stimulus package will help turn the economy around.
Equity funds in China posted an average gain of 12.06% in March, bringing the average gain in the first quarter to 24.40%, according to data provider Lipper. The continued improvement in investor sentiment in China is largely responsible for the gains, which are a complete turnaround from the average loss of 53.14% of equity funds in China in 2008.
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