Wide divergence in small cap sector

There are few other sectors where fund selection is as crucial for investors as the UK smaller companies classification. Funds in the sector have produced wildly divergent performance over every measurable period, exemplified by the fact that the top performing fund has outperformed the worst performing fund by over 217% in the three years to the end of July. The sector has struggled over the 12 months to the end of July, with less than 7% posting positive growth over that period, as difficult markets have hampered stock selection. Discretionary Unit Trust Managers' Discretionary Un...