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Oil mutual funds generated the best returns last year
Jan. 21, 2022
Source: Bangkok Post

Oil mutual funds generated the best returns last year

Oil mutual funds posted the highest average return of 65.9% in 2021, spurred by the rise in oil prices based on low supply and higher demand, according to Morningstar Research Thailand. Second were Thai mid- and small-cap equity funds, followed by Indian equity funds and US equity funds, which provided average returns of 27.4%, 26.2% and 21%, respectively. In 2022, foreign equity funds are expected to continue to do well, though investors should monitor the US interest rate hike and major central banks' monetary policies, said Chayanee Juengmanon, a senior research analyst at Morningstar Research Thailand.

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