PERFORMANCE

Year-end figures for GWI’s Global Water Index show a 5% fall in the value of water stocks during 2011

Although this represents outperformance versus the benchmark MSCI World Index, it is clear that water is not inspiring the imagination of investors as it once did. The net asset value of seven of the major water funds has fallen by 24% over the past year. Like other themed funds, water funds carry the “high risk” label, and regardless of performance ...

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