Five funds rated highly by the pros
By , 14 Sep 17
Data gathered by fintech firm Sharing Alpha offers insight of not just the most popular, but also the funds rated the highest by professional fund buyers. So, which were the top rated domiciled in the UK and Luxembourg in August?
The aim of the CF Odey Absolute Return Fund is to achieve a positive absolute return over the course of the year “independent of market conditions”. However, the £770.35m fund has underperformed against it sector average over the past 12 months, returning -10.2% against the IA Targeted Absolute Return sector average of 1.9%. Despite a difficult year, the fund remains a favourite with fund buyers on the Sharing Alpha site.