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Commodities buck the trend among funds in Malaysia

Equity funds were the best performers in July, but commodities funds recorded a loss, according to Lipper.

Mutual funds registered for sale in Malaysia posted an average return of 4.97% in July, bringing the average gain for the first seven months of 2009 to 19.18%, according to data from Lipper. Most fund types delivered positive returns in the January to July period; commodities funds bucked the trend with an average loss of 0.54%.

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