Why did US focused funds drop yesterday?

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  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
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    A_T wrote: »
    Sorry I'm getting confused

    That is itself confusing :D

    Do you mean;

    1. You were mistaken and realised UK based US funds didn't fall?
    2. You do think they fell and are confused by the answers?
    3. You dont think they fell but are still confused by the answers?
    4. Something else?

    :D
  • lpgm
    lpgm Posts: 355 Forumite
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    And are they announcing their confusion, or just apologising for it?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Another scenario. The fund does not hold all the stocks in the index just a representative sample. Around 92.5%. Banks in general were in the red yesterday. Despite the index as a whole rising. JP Morgan was biggest faller on the day ( down .91%) . This is Vanguards 8th largest holding so may have influenced the fund price on the day.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
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    "Why did US focused funds drop yesterday?"

    Russians. Nowadays the answer is always Russians.
    Free the dunston one next time too.
  • A_T
    A_T Posts: 959 Forumite
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    AnotherJoe wrote: »
    That is itself confusing :D

    Do you mean;

    1. You were mistaken and realised UK based US funds didn't fall?
    2. You do think they fell and are confused by the answers?
    3. You dont think they fell but are still confused by the answers?
    4. Something else?

    :D

    all 4
    lpgm wrote: »
    And are they announcing their confusion, or just apologising for it?

    announcing :D
  • bigadaj
    bigadaj Posts: 11,531 Forumite
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    kidmugsy wrote: »
    "Why did US focused funds drop yesterday?"

    Russians. Nowadays the answer is always Russians.

    No, Kim Jong un.
  • badger09
    badger09 Posts: 11,205 Forumite
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    bigadaj wrote: »
    No, Kim Jong un.

    kidmugsy is really Kim Jong un? :eek:
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