True face of China -- A Modern Kaleidoscope Message Board

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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: RealMuLan who wrote (2183)	10/3/2007 12:15:55 AM
From: RealMuLan	Read Replies (1) of 12464

Emerging Markets Drive World Equity; China Funds Advanced 29% In Qtr October 02, 2007: 08:05 PM EST money.cnn.com Oct. 2, 2007 (Investor's Business Daily delivered by Newstex) -- World equity funds returned 6.75% in September, putting them ahead of U.S. stock funds, which rose 3.53%. Outsized returns from China and Latin America got most of the attention. The two regions brought investors a return of 15.75% and 13.35% in the month, respectively. For the quarter, China funds returned 28.87%, while Latin America funds rose 10.59%. Emerging markets funds returned 10.25% on the month and 11.75% on the quarter. A sinking dollar and economic growth in much of the world helped drive up the numbers. Increased demand for resources also helped boost many emerging market economies. In fact, natural resources and gold funds were the only non-regional asset classes to reach double-digit performance for the month. But investors didn't need to be in emerging markets to benefit from their growth.

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