Investors pour into funds down over 50%

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Aggressive investors using Hargreaves Lansdown's Vantage supermarket in 2008 allocated a significant amount into equity funds which ultimately lost half their value.

The figures support the case for investors gaining financial advice in volatile markets as the majority of Vantage's clients are direct. Out of the ten top selling vehicles on the platform last year, three suffered falls between 50% and 60% - Allianz BRIC Stars, JPM Natural Resources and Neptune Russia. BRIC Stars and Neptune Russia plunged significantly from June as Russian equities nearly doubled the losses seen in established markets, while JPMorgan's Natural Resources declined on a disastrous year for many commodity-based offerings. Only the JPM Natural Resources fund made it onto...

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