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Financial funds beat market indexes for 1997 surge
Financial services mutual funds captivate investors with high 1997 gains as mid December shows a 41 percent year to date return versus 30 percent for S&P 500 index funds. Analysts warn the rally may fade if rates rise or the economy slows, despite funds like Fidelity Select Brokerage riding the surge.
MENTIONED IN THIS ARTICLE
New York
Financial Services
Lipper Analytical Services Inc
Standard & Poor
Michael Stout
Morningstar Mutual Funds
Esearch Service
Value Line
Stout
Fidelity Select Brokerage and Investment Fund