Number of 'dog funds' underperforming benchmarks soars
Bestinvest's 'Spot the Dog' report gives investors the chance to see which funds belong in the dog house and which have exceeded expectations.
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Bestinvest's 'Spot the Dog' report gives investors the chance to see which funds belong in the dog house and which have exceeded expectations.
Bestinvest's 'Spot the Dog' report gives investors the chance to see which funds belong in the dog house and which have exceeded expectations.
Invesco has identified two UK equity income funds with a combined £3.6bn in assets that failed to meet performance expectations in its latest assessment of value report. The Invesco UK Equity Income and Invesco UK Equity High Income funds were flagged due to underperformance of their benchmarks, leading to the board placing both strategies "under close review". Other 16 funds were marked as "red" due to inconsistent value to investors. Invesco said it had taken action to remediate performance challenges on all of these funds. However, 36 out of 54 funds met all of their pr...
In terms of performance, it is more Steady Eddie than spectacular, but for many investors it provides ballast to their wider investment portfolio.
In terms of performance, it is more Steady Eddie than spectacular, but for many investors it provides ballast to their wider investment portfolio.