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Forum
-> Household Management
-> Finances
amother
Orchid
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Mon, Nov 05 2018, 8:03 am
Oppenheimer Funds Mutual Funds, after steadily increasing over the last year or two, dropped this month.
I know they go up and down, but this was quite a big down in one month.
The individual Mutual Funds I have with the largest investment are:
Main Street Fund A
International Diversified Fund A
Any financial experts here?
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amother
Tangerine
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Mon, Nov 05 2018, 8:30 am
amother wrote: | Oppenheimer Funds Mutual Funds, after steadily increasing over the last year or two, dropped this month.
I know they go up and down, but this was quite a big down in one month.
The individual Mutual Funds I have with the largest investment are:
Main Street Fund A
International Diversified Fund A
Any financial experts here? |
Not an expert buy the market has been steadily increasing and going higher. October was the worst month in awhile with the markets down 10%, If they are invested in the stock market it stands to reason it had an awful month last month. Does this make sense?
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doctorima
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Mon, Nov 05 2018, 9:40 am
Most likely it's due to the sharp recent drop in the market. It's also possible that they just paid out dividends and capital gains, which can cause their share prices to drop significantly even when the markets are stable.
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