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Rotational markets impacting number of funds delivering consistently strong returns
The number of funds generating consistent top quartile returns declined in the third quarter this year, as ongoing market uncertainty since the onset of the Covid-19 pandemic continued to impact the market, research by BMO Global Asset Management shows.
Only 11 out of more than 1,060 funds analysed in the 12 main IA sectors achieved consistent top quartile returns in each of the last three 12 month periods, as of the end of Q3 2021, according to BMO GAM's...
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