Gap narrows between manager outperformance
The index returned 28.5% during the financial year and managers in the top quartile returned 33.4% while those in the lower quartile returned 27.2%. The median for the 137 funds was 30.5%. The best fund was Forager Australian Value which returned 89% followed by Collins St Value and First Sentier Australian Equities Geared-Growth which returned 88.5% and 80% respectively. Those funds which had performed below-median were mostly in the low volatility space such as AB Managed Volatility Equities ...
Bluescope Steel Commonwealth Bank Australian Share Fund Forager Australian Value Collins St Value First Sentier Australian Equities Geared Growth
Source: moneymanagement.com.au