With few exceptions, even mutual funds that have historically held up well in bear markets have been battered by the recent upheaval on Wall Street. The funds in the table below are among the best of the lot. All of these funds get an A or better from FORBES for bear market performance and have done no worse than a C in bull markets. (We grade funds over four market cycles beginning June 30, 1994.) In addition, these funds all outperformed the S&P 500 over the last ten years and have continued to do so since the start of this year. These winners have other features in common: They all focus on small-cap stocks and they tend to take a value-oriented approach. Two of them, T. Rowe Price Small-Cap Value and Stratton Small-Cap Value, made the most recent Forbes Honor Roll.
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机译:除少数例外,即使历史上在熊市中表现良好的共同基金也受到了华尔街近期动荡的打击。下表中的资金是最好的。所有这些基金因熊市表现而从《福布斯》获得A或更好的评级,在牛市中的表现也并不比C差。 (我们从1994年6月30日开始在四个市场周期内对基金进行评级。)此外,在过去十年中,这些基金的表现均优于标准普尔500指数,并且自今年年初以来一直如此。这些赢家还有其他共同点:他们都专注于小型股,并且倾向于采用以价值为导向的方法。 T. Rowe Price小盘价值和Stratton小盘价值中的两个成为了最新的《福布斯》荣誉榜。
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