Emerging Markets a Bright Spot in the Third Quarter
It's been mostly more of the same for international-stock funds so far in 2016.
In the global financial markets, most of the developments that were in place halfway through this year remain intact as we head into the final quarter of 2016. As a result, the performance results in the Morningstar Categories for funds look much like they did at the end of the second quarter.
Most notably, developed European markets--and thus funds that focus solely on that continent--have continued to struggle. In fact, through Sept. 23, the Europe-stock category was the only one of the 15 international-stock groups in negative territory for 2016, with an average return of negative 0.5%.
Gregg Wolper does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.