North American Smlr Cos sector tops returns in May

Funds in the North American Smaller Companies sector returned better than any other peer group in May...

Funds in the North American Smaller Companies sector returned better than any other peer group in May, according to Morningstar. Small-cap vehicles investing the US returned, on average, 3.99% whilst most of the top-selling sectors on Fidelity FundsNetwork were not even amongst the top 10 sectors with the highest returns. North American Smaller Companies was followed by Technology and Telecomms funds with 3.59%, Global Emerging Markets with 3.15%, UK Smaller Companies with 2.55% and Europe including UK with 2.08%, all sectors that have not been popular with investors in recent times. T...