Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Best and Worst Investments of 2012

By Ben Steverman - 2012-12-12T21:04:13Z

Photograph by Meridith Kohut/Bloomberg

Company Symbol % Change
8 of 18

Best Bond Fund

GMO Emerging Country Debt Fund

+23.3%

The GMO Emerging Country Debt Fund (GMCDX) invests in debt issued by emerging market countries, a strategy that has worked in nine of the last 10 years. Its top holding is Venezuelan bonds, a sign that its managers are willing to take risks in particularly unstable countries. Venezuela's president, self-proclaimed socialist Hugo Chavez, is now undergoing cancer treatment in Cuba.

Universe and criteria: 725 open-ended-debt mutual funds based in the U.S. with assets of $500 million or more.

Advertisement