The importance of fund performance
Apr 11th, 2007 by complex001
As there are more and more investment funds in each sector, picking the top ones is becoming more and more important. The differences in performance between the top and bottom funds in individual sectors have historically proved to be massive. In some sectors over a period of twelve months there has been over 50% and up to 100 % difference in performance. If this under performance is continuous, the difference between the best and the worst funds over a longer period of time, like five to ten years, is several times worse. You should therefore seek specialist advice from an IFA to stand the best chance of picking top funds rather than the bottom ones.