Mutual Funds Eke Out Small Gain In February
Posted on March 04, 2013 at 17:38 PM EST
Although the stock market rose for a fourth straight month in February, mutual fund investors had to fasten their seat belts as volatility increased in the second half of the month. The choppiness came amid worries over federal spending cuts -- known as sequestration -- hints of the Federal Reserve curbing bond purchases sooner than expected and Italy's election leading to political instability. The average U.S. stock mutual fund added 0.89% in