By Leo Bland Standard & Poor's Fund Research has given three managed funds an frAAA rating in its fi...
By Leo Bland Standard & Poor's Fund Research has given three managed funds an frAAA rating in its first report dedicated to the sector. It has upgraded the Royal & SunAlliance Portfolio fund to frAAA from frAA and the ratings agency has also given frAAA rating to the Newton Managed fund, which previously had frAA rating. Royal & SunAlliance Portfolio is ninth out of 35 funds in the Active Managed sector over three years on growth of 53%. The fund is ranked 29 out of 45 over one year on growth of 14.8% and is 21 out of 50 over three months on growth of 7.9%. Newton Managed is fourth ou...
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