Former ISA princes now paupers

Of the five biggest selling ISA funds in 2002, Artemis UK Smaller Companies Fund made a return of 136% over a five-year period, meaning a £5,000 investment would yield a £6,820 profit. By comparison, Fidelity’s FIF American Fund returned just £610, or 12.2%, on a £5,000 investment. The fund received a lot of interest five years ago due to expected recovery in the post 9/11 US economy. Tony Ahearne, from Moneyspider.com, says: “It is always interesting to see how specific funds have performed, but crucially it is the sectors that ISA and unit trust investors need to be aware of going forwa...