Skandia Professional Balanced topped the Balanced Pooled Pension fund sector during February with of...
Skandia Professional Balanced topped the Balanced Pooled Pension fund sector during February with offer to offer growth of 2.2%, according to data from Mellon Caps. At the opposite end of the 58-fund peer group, the Baillie Gifford MPF fund made a loss of 0.5% while the median fund returned 0.1%. In terms of asset allocation, the Baillie Gifford vehicle had a far greater exposure to overseas equities than Skandia during the month with its total exposure standing at 44.4% against the latter's 26.2%. The average weighting to overseas equities over the month was 39.9%. The bulk of the Bai...
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