Research from IFA firm Informed Choice reveals 270 fund holdings in need of urgent review, including two that remain AAA rated by S&P
Almost £30bn of investor money is sitting in underperforming funds, according to research from IFA Informed Choice. The group's first biannual LemonAid report assesses funds from various sectors by past performance, risk-adjusted returns, consistency and cost and places them in a three-tier system of the worst performers. Its research has analysed returns over one, three and five-year periods to give more than just a snapshot view of how well a fund has delivered. Funds that do not yet have a five-year track record are automatically excluded because the group feels they have not yet h...
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