Balanced funds post median return of 0.5pc in July

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BALANCED pooled funds achieved a median return of 0.5pc in July 2006, latest CAPS figures from Mellon Analytical Solutions reveals.

Over one, three and five years to July 31, balanced pooled funds returned 12.5pc, 13.9pc per annum and 5.4pc per annum respectively. Over 10 years the funds returned 7.4pc per annum. UK equi...

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