Edinburgh fund of funds tops the balanced managed sector over three years to january 2002 by dropping growth bias for value approach
The decision to switch out of growth funds and into value in February 2000 has paid off for the Edinburgh Fund of Funds, which is the clear leader in terms of performance in the balanced managed sector Over three years, Edinburgh Fund of Funds returned 31.83%, compared to a sector average of 3.57%. Even the next closest performer, AS International Growth, was some 15% behind Edinburgh Fund of Funds, by returning 16.64% over that period. The portfolio also outperformed in each of the discreet three-year periods. In the 12 months to January 2000, the fund returned 33.42%, compared to the...
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