Lack of India and China exposure has hurt Lincoln's Emerging Markets fund, but the vehicle will outp...
Lack of India and China exposure has hurt Lincoln's Emerging Markets fund, but the vehicle will outperform when markets fall, according to senior analyst Stuart Tyler. The £65m unit trust has underperformed since its inception in 2004, and has returned 33.6% against the sector average of 45.6% over the past year to 15 October. However, Tyler said the defensive position will help when the region's growth falls. "If you are concerned the market will dive off, then our fund is a good place to be," he added. "It is a very defensive portfolio and we expect underperformance when the market go...
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