group claims best invest 'dog fund' awards for underperforming us and uk offerings
Aberdeen has completed an unenviable double, topping Best Invest's list of UK and US dog funds. The majority of the worst performers are UK funds, topped by its Fund of Investment Trusts, down 50% versus the FTSE All-Share over the past three years. Aberdeen's UK Growth fund is also listed, along with its North American fund, which underperformed the S&P 500 by 26% over three years, according to Best Invest. Aegon and Govett have four funds apiece included in the list, the highest number of any group, while Aberdeen, Old Mutual and Scottish Widows Investment Partnership run three dogs eac...
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