All Lipper equity classes finished the three months interim on a positive note, with the sole exception of money invested in Kuwait that lost .39%twenty five. This was mainly due to the worst overall performance of the Kuwait Stock Exchange in the 2nd last quarter of year 2009 with index reducing two.89%25.
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UTI International India IT was the top performer fund that was registered for sale in the GCC over the quarter. It acquired nearly forty six%twenty five. 12 of the 20 leading performers’ money had been investments in the rising markets, especially Russia and India. five money among these toppers had been invested in Europe, as illustrated by INVESCO Continental European Little Cap Esq. USD A, which elevated about forty%25 for the quarter.
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