Table 1: Equity Style Designation by Lipper Objective We divide the CRSP sample of U.S.-based mutual funds into different classes, or "styles" of equity funds. This paper analyzes U.S. equity funds, so funds focused on purchasing debt securities and other fixed income securities are omitted from the sample. The remaining sample of equity funds are divided into eight categories, based on the fund's Lipper Objective, as defined in the CRSP database. Style Lipper Objective Basic Materials Funds Natural Resources Funds Consumer Funds Science & Technology Consumer Services Funds Specialty/Miscellaneous Funds Financial Services Funds Real Estate Sector Gold Oriented Funds Telecommunication Funds Health/Biotechnology Funds Utility Funds Industrials Funds International Funds International Small-Cap Funds International International Income Funds International Real Estate Funds Japanese China Region Funds Pacific Ex Japan Funds International Focused European Region Funds Pacific Region Funds Emerging Markets Latin American Funds Emerging Markets Equity Market Neutral Funds Income Funds Long/Short Equity Funds Flexible Portfolio Funds Flexible Income Balanced Funds Growth and Income Funds Multi-Sector Income Funds General Equity Growth Funds High Current Yield Funds Mid-Cap Funds Equity Income Funds Small-cap Funds Global Funds Global Income Global Global Small-Cap Funds Global Financial Services Funds Global Natural Resources Funds Global Health/Biotechnology Funds Global Science/Technology Global Focused Global Flexible Port Funds Global Real Estate Funds S&P 500 Index Objective Funds Market
Table 1: Equity Style Designation by Lipper Objective We divide the CRSP sample of U.S.-based mutual funds into different classes, or "styles" of equity funds. This paper analyzes U.S. equity funds, so funds focused on purchasing debt securities and other fixed income securities are omitted from the sample. The remaining sample of equity funds are divided into eight categories, based on the fund's Lipper Objective, as defined in the CRSP database. Style Lipper Objective Sector Basic Materials Funds Natural Resources Funds Consumer Funds Science & Technology Consumer Services Funds Specialty/Miscellaneous Funds Financial Services Funds Real Estate Gold Oriented Funds Telecommunication Funds Health/Biotechnology Funds Utility Funds Industrials Funds International International Funds International Small-Cap Funds International Income Funds International Focused International Real Estate Funds Japanese China Region Funds Pacific Ex Japan Funds European Region Funds Pacific Region Funds Emerging Markets Emerging Markets Latin American Funds General Equity Equity Market Neutral Funds Income Funds Long/Short Equity Funds Flexible Portfolio Funds Flexible Income Balanced Funds Growth and Income Funds Multi-Sector Income Funds Growth Funds High Current Yield Funds Mid-Cap Funds Equity Income Funds Small-cap Funds Global Global Funds Global Income Global Small-Cap Funds Global Focused Global Financial Services Funds Global Natural Resources Funds Global Health/Biotechnology Funds Global Science/Technology Global Flexible Port Funds Global Real Estate Funds Market S&P 500 Index Objective Funds