Morgan Stanley Global Insight, Baillie Gifford American and Morgan Stanley US Growth are some of the top-performing funds over five years that are down double-digits year-to-date.
Although there have been only eight trading days of 2022, some of the top-performing equity funds of the past half-decade have experienced a rocky start to the year in which investors were caught off-guard by heavy selling of US Treasuries after the Federal Reserve’s hawkish comments in late December which came as a surprise to financial markets.
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