Best UK funds in 2008 revealed

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UK vehicles from the likes of Newton, Majedie, JO Hambro and Invesco Perpetual have all been given the highest scores for overall performance and low volatility in wealth manager Rowan's latest Making the Grade report.

The report, which assesses the whole raft of UK funds in the All Companies, Equity Income and Smaller Companies sectors, is built upon three-year bid-to-bid Financial Express performance data to 1 December. In addition, an 'A' to 'F' grade has been assigned to each fund reflecting a number of factors relating to its performance, such as volatility and the ability to generate absolute returns. Two grades have been awarded, accounting for performance over both three years and one year (with a skew towards the past six months). In the UK All Companies Sector, a total of seven funds achie...

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