Stocks had a tough first week of September, with the S&P 500 tumbling more than 4%, thanks partly to a mediocre August jobs report.
But the market rebounded as the Federal Reserve slashed interest rates by 50 basis points, a move the central bank hopes will help the economy avoid a recession.
As of Friday, the S&P 500 was up around 1.5% in September, bucking the month's historical downward trend.
Some funds performed much better than the broader market, however. Below are our investors of the month for September, including managers of the top US-focused and international-focused funds, as well as the "Holy Shit" fund of the month, which is the best-performing overall fund. The latter is usually a leveraged fund, which are not considered for the investor of the month categories.
Data is through September 26, and is pulled from Lipper, Dow Jones, and Google Finance.
Malcolm R. Fobes
Fund: Berkshire Focus Fund (BFOCX)
Month-to-date return through September 26: 7.94%
Year-to-date return: 38.55%
Top 3 holdings: Nvidia; Amazon; Broadcom
Peter Hubbard, Invesco
Fund: Invesco Golden Dragon China ETF (PGJ)
Month-to-date return through September 26: 23.74%
Year-to-date return: 7.2%
Top 3 holdings: JD.com; Alibaba; Yum China
GraniteShares 2x Long TSLA Daily ETF (TSLR)
Managers: Benoit Autier, Jeff Klearman
Month-to-date return through September 26: 40.46%
Year-to-date return: -21.7%
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。