Energy funds top list of 2018 worst performers | Financial Times:
A sharp fall in oil prices in the last quarter of 2018 hit American mutual funds exposed to the energy sector and sent many of them tumbling towards the bottom of the year’s US performance table.
The price of US crude dropped from more than $75 a barrel in October to under $50 in December, sending a wintry blast across energy-focused funds.
The wooden spoon went to the Global Natural Resources fund run by Ohio-based Victory Capital, which lost 45.8 per cent.
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