Juliet Schooling Latter: What's in a name?

A rose by any name other would smell as sweet - to quote the Bard. That may be well and good for flowers and star-crossed lovers in Verona, but can the same be said for investments? Does it make a difference if a fund like Marlborough Multi Cap Income - to pick a random example - sits in a sector called UK All Companies, UK Equity Income or even UK Equity Mid Cap? That fund, which stands out for its unusual smaller company income strategy, currently resides in Investment Association (IA) UK Equity Income - and, as far as I am aware, there are no plans to change that any time soon. But it...