Tracker funds rocket to record Q1: IMA
Tracker funds reported their highest ever net retail sales in Q1, although inflows into ethical products were below recent levels, according to IMA figures.
Net retail sales for the first three months of the year soared by £694m to £824m, compared to just £130m for Q1 2010. Trackers now represent 6.8% of total funds under management; the highest proportion...
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