Research
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The economic environment and capital markets are unsettled, but there’s a silver lining in newfound opportunities: when uncertainty rises, so do the potential rewards for taking risks in your portfolio. It may seem uncomfortable to stay in instead of moving out, but remaining on course with a globally diversified investment mix usually leaves investors better off. 7/17/2008
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United States
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| By |
Joseph G. Carson
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Senior Vice President and Director—Global Economic Research
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Net exports contributed 1.5 points to GDP over the past year, the largest boost since the early 1980s, offsetting the drag from consumption and housing . We believe that this adjustment between consumption and trade is long overdue and is likely to remain in place for an extended period. 8/1/2008
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As
of
8/6/2008
Class A @ NAV
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YTD |
1 Yr. |
3 Yrs. |
5 Yrs. |
10 Yrs. * |
 |
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|
-17.13
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-22.57
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-1.42
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5.22
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3.85
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![]() |
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-13.76
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-7.04
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1.59
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5.21
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-1.33
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![]() |
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-9.77
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-7.82
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3.98
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—
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6.77
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![]() |
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-16.24
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-19.01
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9.80
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15.31
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12.44
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![]() |
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-13.06
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-14.00
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1.50
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12.71
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10.49
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![]() |
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0.08
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5.10
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6.95
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8.08
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8.66
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* or Since Inception
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