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Article: Top performers tell how they thrived while so many failed.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 7, 2008
CopyrightCOPYRIGHT 2008 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Leng Yeow
Sep 07, 2008 (The Australian Financial Review - ABIX via COMTEX) -- Mercer Investment Consulting reports that in 2007-08, the median Australian share fund shed 14.5 per cent. SG Hiscock's SGH 20 was the sole share fund to post a positive result, returning 4.1 per cent for the year to 3 July 2008. Four other types of funds to have posted positive annual returns are the Vianova Strategic Fixed Interest Fund, the Macquarie CSL Active Commodities Fund, the Colonial First State Global Resources Fund and the Goldman Sacks JBWere Resources Fund. The Vianova fund, which is partly-owned by Australian United, achieved a strong 7.26 per cent return.
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