The value of total return funds

Click here to download our improved database More than half of the target return funds available ...

Click here to download our improved database More than half of the target return funds available to private investors have failed to meet performance goals over the past year, according to research from BestInvest. Of five such vehicles with one-year track records, three fall short of their annual targets: Baring Directional Global Bond, Credit Suisse Target Return and UBS Absolute Return Bond. Each of these delivered between 4% and 4.8% after charges, despite targeting Libor plus at least 2% before charges. This would have required a return of at least 6.5%, based on current interest rate...