|Expense Ratio (net)||0.82%|
|Morningstar Risk Rating||Above Average|
|Last Cap Gain||0.00|
|Inception Date||Sep 29, 1986|
|Average for Category||N/A|
Investing in mutual funds having significant exposure to services-related companies seems prudent as ISM Service index expands for 97th consecutive month
Funds having significant exposure on leisure, discretionary and transportation companies one should consider buying as consumer confidence notches up a 17-year high.
Record consumer spending levels and higher confidence calls for investing in funds having significant exposure over leisure, discretionary and transportation companies.
Manufacturing activity surges to its highest settlement in the last two years, calling for investing in mutual funds that would greatly benefit such knockout data.
Strong rebound in service activity makes mutual funds having significant exposure to services-related companies a prudent investment.