Balanced funds see growth of 4.1% in August

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BALANCED pooled funds achieved a median return of 4.1pc in August 2008, latest figures from BNY Mellon Asset Servicing reveal.

The performance measurement firm said balanced pooled funds returned -4.0pc, 6.2pc per annum and 9.1pc per annum over one, three and five years to August 31, 2008 respectively. It said over the 10...

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