All Companies to split

Professional Adviser
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Autif is looking to split the 334-strong UK All Companies peer group into three distinct sub-sectors...

Autif is looking to split the 334-strong UK All Companies peer group into three distinct sub-sectors. The trade body's performance category review committee had already agreed to flag up tracker and ethical funds within the sector. It now wants to retain the overall UK All Companies but list funds in three separate sub-sectors covering 18 ethical funds, 51 trackers and 265 actively managed portfolios. The performance rankings of each fund will be measured against the overall sector, not the sub-sector. Autif director of communications Anne McMeehan has written to all financial service...

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