The Invesco European Growth Fund Class A “seeks long-term growth of capital by investing in reasonably priced, quality companies in the European region.
In September, consumer prices in the Eurozone fell by 0.1% YoY, driven by crude oil prices. In this series, we’ll analyze Europe-focused mutual funds.
China’s consumer price index (or CPI) rose to 1.6% year-over-year in September, mainly due to higher food prices and not improvement in economic activity.
China’s September foreign trade data was released on October 13, 2015. China’s exports fell 3.7% year-over-year to $205.6 billion in September.
China’s retail sales of consumer goods rose 10.9% year-over-year to 2.5 trillion Chinese yuan in September 2015.
China’s industrial production data were weaker than expected and grew by 5.7% year-over-year in September.
China’s GDP grew at 6.9% year-over-year for 3Q15. The growth rate was down from 7.0%, which was reported in the previous quarter.
The SSE Composite Index was up by 0.6% from October 16 to October 23, 2015, and ended at 3,412.43 points on the week ended October 23, 2015.
The Japanese economy doesn’t look pretty at the end of September 2015. Investors in Japan-focused mutual funds should research their investments closely.
The Nuveen Tradewinds Japan Fund Class A fell by 5.1% in September 2015 from the previous month. It outperformed all eight of its peers across all periods.
The Nuveen Tradewinds Japan Fund Class A seeks “companies listed or domiciled in Japan,” which are “selected using a disciplined, value-oriented process.”
The Fidelity Japan Fund fell by 6.8% in September 2015 from the previous month. Its performance compared to peers in our series can be described as poor.
The Fidelity Japan Fund invests at least 80% of its assets in securities of Japanese issuers and other investments that are tied economically to Japan.
The SunAmerica Japan Fund Class A tanked by 7.2% in September 2015 from the previous month. It has figured consistently at the bottom of the pack.
The SunAmerica Japan Fund Class A intends to buy “misunderstood securities” when markets reaction seems overdone and the general sentiment is negative.
The T. Rowe Price Japan Fund fell by 5.4% in September 2015 from the previous month. A consistent performer, it’s been among the top three funds in returns.
The T. Rowe Price Japan Fund seeks “long-term growth of capital through investment in … companies located, or with primary operations, in Japan.”
The Matthews Japan Fund Investor Class (MJFOX) fell by 5.4% in September 2015 from the previous month.
The Matthews Japan Fund Investor Class (MJFOX) seeks “long-term capital appreciation,” by investing “at least 80% of its total assets, which include borrowings for investment purposes, in the common and…
The Voya Japan TOPIX Index Portfolio fell by 6.7% in September 2015 from the previous month.