Mutual Fund Wealth Update………..Aug. 06, 2015

Wow……..What a hit today !!  Health Care Sector down 6.75 %.  Our two funds down approximately 3 %.   Certainly didn’t see this coming and can’t quite figure out why it happened.  Have checked news for top holdings for these funds and found nothing that would indicate this kind of negativity.

 

In my opinion, and for whatever reason, the only real positive / negative indicators that could cause this kind of reaction would be U.S. employment numbers due tomorrow and or the GOP debate this evening.

 

How do you spell manipulation..

I certainly don’t plan any changes to my portfolio.

 

Doug T.

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