2006 Performance return of Philippine Equity Mutual Funds

From PinoyInvestor.com:

All in all, the year 2006 was a good year for Philippine Equity Mutual Funds.

Out of seven (7) existing equity mutual funds in the Philippines, five (5) were able to beat the 42.3% performance of the main index of the Philippine stock market. One fund (United Fund, Inc.) fared relatively poorer compared to the other funds, but nevertheless was still up by 24.17% in 2006.

Read the full story in PinoyInvestor.com's "2006 full-year return of Philippine Equity Mutual Funds".