Social Mutual Funds Get High Marks

MMA International Fund has been added to Charles Schwab’s MarketManager International Portfolio, a fund of funds. Cynthia Liu, Schwab SVP, describes Walter Oeschle, principle of MMA’s subadvisor, as “the equivalent of John Templeton,” the pioneer of international mutual funds.

The Green Century Equity Fund earned Morningstar’s highest rating for overall performance in the growth and income category for the three years ending September, 1998. It also beat the average total return of growth funds tracked by Lipper for the one, three and five-year periods.

In fact, 10 of the 14 largest screened SR mutual funds – with $100 million or more in assets – earned “A” or “B” ratings from Lipper based on one and/or three year returns. Morningstar gave five of the funds either four or five stars for three-year performance.

FROM Co-op America’s Connections

(Visited 26 times, 1 visits today)

Post Your Comment

Your email address will not be published. Required fields are marked *