Test Your Savvy
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Wednesday’s question: What was America’s top-selling mutual fund in January?
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And the answer is . . . Janus Twenty, which attracted a net $1.7 billion last month, according to Financial Research Corp. and Bloomberg News. Money tends to follow performance: The fund soared 73.4% last year. Vanguard Index 500 Fund ranked second, with an inflow of $1.6 billion, and Pimco Total Return was third at $1.5 billion. Merrill Lynch Global Allocation Fund suffered the highest net outflow, with almost $715 million.
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Today’s question: What is the world’s best-performing stock market so far this year?
Answer appears Friday.
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