UK Other Bond outstrips equities

The UK Other Bond sector is something of a catch all peer group but one factor almost all its members have in common is the production of real returns over the three years to May 2003. Indeed, only two funds in the sector, the Exeter Zero Preference fund and the Newton European High Yield fund, posted negative returns over the period. The increase in demand for fixed interest funds over the last three years is shown in the increase in the number of funds available. Of the 51 funds with one-year track records, only 34 were around three years ago. Over 12 months the performance of the s...