Just 19 funds out of 1,123 vehicles featured in the Investment Association sectors have consistently generated top-quartile returns over the last three years to the end of Q3 2018, according to BMO Global Asset Management.
In the latest quarterly FundWatch survey, which is conducted by the firm's multi-manager team, 1.7% of the funds in the 12 major IA sectors analysed achieved top quartile returns in each of the last three...
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