Posted on 07/09/2014
US sector inventory was among the greatest opportunities last quarter. Precious Metals and Energy funds generally climbed at twice the pace of the market, and a handful of funds were up more than 15% in Q2. Aside from the narrow Global X Uranium Fund [URA], which fell -15.87% over the past 3 months, the underperforming sectors did so in rather subtle fashion. Banks and Builders generally lagged the market, but fell less than 3% in doing so.