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The Best and Worst Mutual Funds of Q1 2013

Japan and healthcare were especially hot during the quarter

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QuarterlyReviewOutlook185Naturally, a bull market that pulled up the broader indices by their bootstraps — like the impressive 10% return for the S&P 500, which now is at record levels, or the strong 8% improvement in the Nasdaq — means good things for a number of mutual funds.

Still, a rising tide doesn’t lift every last boat, and a few mutual funds with some specific flavors — Indian stocks, or gold, for instance — found out that there’s always a bear market somewhere.

So, which mutual funds stood out in the first quarter of 2013? Here’s a look at six — three of the best, and three of the worst. And we’ll start with the laggards:

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