Details

Autor(en) / Beteiligte

• Shaalan, Ramy

Titel

Investments - Plugged Into A Safe Haven: Investors fleeing New Economy stocks have rediscovered the reliable, almost-forgotten sector of utility companies

Ist Teil von

• Financial planning (Atlanta, Ga.), 2000-07, p.1

Ort / Verlag

New York: SourceMedia dba Arizent

Erscheinungsjahr

2000

Quelle

Business Source Ultimate

Beschreibungen/Notizen

• In the past few months, investors have shunned technology stocks, opting for Old Economy stocks as inflation fears and concerns of overvaluations dominated the markets. Utility funds have been a favorite choice for risk-averse investors as far back as 1948, when the first utility fund was introduced. While the sector has been a modest performer when compared to tech or biotech, it nevertheless continues to be popular as it offers investors a relatively safe haven and a constant stream of dividend income. With a 5-year standard deviation of a mere 11.72%, these funds are indeed a safe play, especially when the markets head south, as they have done recently.