Test Your Savvy
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Wednesday’s question: Which was the worst-performing U.S. stock mutual fund during the first quarter?
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And the answer is . . . Pauze Tombstone Fund, which calls itself “the first-of-its-kind death-care industry mutual fund,” posted a negative return of 50.7%, according to research firm Lipper Inc. The Houston-based fund’s loss outstripped by more than 20 percentage points the next-worst performer, the ProFunds Ultra Short OTC Fund, which specializes in betting that stocks will go down, according to Associated Press.
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Today’s question: What is the most widely held stock in the U.S.?
The answer will appear Friday.
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