UK gilts are the asset class with the highest percentage of 5 FE Passive Crowns in the data provider's latest rebalance looking at the passive sector.
Almost half of UK gilts funds (46%) have received the highest accolade of five Crowns in the bi-annual rebalance, followed by a third of both North American (31%) and emerging market equities (30%). Meanwhile, no Index-linked Gilts or Sterling Corporate Bond funds achieved 5 Crowns for a second rebalance in a row. The ratings - which looked at 290 passive funds - are designed to check how well a passive fund is doing its job at tracking its benchmark over three years. Funds are ranked objectively and transparently using a quantitative methodology in which funds are ranked between o...
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