99.5% Funds Made Money in 2005
December 29th, 2005 No Comments » | POSTED BY ROB
Figures from the the investment fund analyst Lipper show that 99.5% of funds open to U.K. investors made money in 2005, according to This Is Money.
According to Lipper, the average return was a stunning 19.9%, although this is marginally less than the growth the FTSE 100 made, which was 20.25%. So on average, an index tracker fund would have outperformed a managed fund. Interesting. This might further change my views on trackers.
Only nine funds failed to make money in 2005. Bad luck if you happened to be invested in them (sorry, I can’t name and shame them as I don’t have the information).
