Tuesday, December 6, 2011

Flash Report - AIM Fund Performance (November 2011)

The performance of the three AIM Funds (small cap domestic equity, international equity, and fixed income) is displayed in the table below. Dr. David Krause, AIM program director said, “The AIM Equity Fund has had a strong year thus far with returns more than 500 bps above the benchmark. On the other hand, the AIM International Fund has been an underperformer primarily because of the overweight on emerging market stocks. And the AIM Fixed Income Fund has been short duration and long corporate credits – which did not fare well during the U.S. rating downgrade and European sovereign debt crisis. I believe the students have a good long-term strategy and have tactically tilted the portfolios toward a moderate U.S. economic recovery in 2012.”



No comments:

Post a Comment