Alex Farlow: The world can be enough

Investment Association (IA) sectors are designed to help investors by categorising funds with similar characteristics all in one place. A number of sectors stand out, however, because while the funds within them share some common characteristics, the securities they hold and the outcome investors can expect can be very different. The IA Global Bonds sector is a good example of a sector that contains a mixed bag of funds - and this is evident when we examine the level of price volatility observed over the last five years. The fund with the highest volatility was Pictet Latin American Loca...