Balanced pooled funds post third consecutive positive quarter

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BALANCED pooled funds achieved a positive return for the third consecutive quarter with a median return of 2.3pc, latest Mellon Analytical Solutions figures show.

The performance measurement firm said that the median return on these funds over the 12 months to March 31 was 6.0pc – a real return of 1.2pc against retail price inflation. During the first qua...

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