BMO survey: 2.4% of funds manage consistent top-quartile gains over last decade

The survey, which is a review of the 12 major market sectors, divided the decade into three consecutive 12-month periods, filtering out those that have consistently achieved above-average returns. It found that, out of 1,090 funds included in the survey, 24 of them achieved consistent top-quartile returns on a rolling three-year basis. Q3 2014 recorded the highest number of funds achieving consistent top-quartile gains over this timeframe at 4.6%, while Q4 2018 saw the lowest number of vehicles reside in the top quartile for their returns at 0.5%. On a sector basis, IA North America f...