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Article: Costs torpedo Balanced Managed Growth returns.
- Article from:
- Investors Chronicle - magazine and web content
- Article date:
- September 30, 2009
CopyrightCOPYRIGHT 2009 FT Business. 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: Mark Robinson
FUND PROFILE: CF Williams de Broe Balanced Managed Growth outstrips the All-Share but is hampered by high costs.
The basic aim of the CF Williams de Broe Balanced Managed Growth gund is to achieve a rate of long-term capital growth in excess of the return of the FTSE All-Share Index.
A flexible mandate allows the fund to pursue this objective through a diversified range of investments. Primarily, this will take the form of collective investment schemes, equities, derivatives and gilts. Theoretically, at least, this type of portfolio mitigates against sector-specific risk.
While the emphasis is placed on holding ...