Morningstar compared the average performance of long-short mutual funds with that of a portfolio of stocks and bonds.

晨星对比长短仓共同基金与股票和债权组合的平均表现值。

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The mutual funds have gained an average 7.4% total return this year through Sept. 21, according to Morningstar.

据晨星公司称，截至9月21日，共同基金今年的总回报率平均为7.4%。

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According to Morningstar, real estate mutual funds returned 9.4% in the first quarter of 2010, one of the highest return of any mutual fund category.

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The average return for the 9, 402 mutual funds tracked by Morningstar was a negative 17.8 percent for the quarter.

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Last week Morningstar, the biggest rater of mutual funds, announced that subscribers could now track 1, 600 hedge funds on its website.

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