Cautious & Income

multi-manager 2003/2004 fund of funds awards

Margetts Provident Strategy

In this sector, the best returns over the period looked at by the judges came from the smallest and least well-known brand names. Offerings from Marlborough, Margetts and London York produced higher total returns over three years to 31 October than the portfolios from Jupiter, Henderson and Premier. All of the portfolios on the shortlist produced negative returns in the 12 months to 31 October 2001, except Marlborough Equity & Bond Income, and all produced positive returns in the subsequent year. In the following discrete one-year period, to 31 October 2003, all of funds managed to gene...