It may not be too surprising, given the recent recession, that funds investing in the Greater China market have shown very high volatility over the past few years. Average fund returns for the category for periods ended December 31, 2010, bounced around from 4.4% over six months, to –0.7% for the year, to –5.7% (average annual compounded return) over three years, to 16.9% over the five-year period through December 2010.
