BALANCED pooled funds achieved a median return of -5.3pc in May 2006 following sharp falls in world equity markets, the latest Russell/Mellon CAPS figures show.
The data revealed that over one, three and five years to 31 May, balanced pooled funds returned 18.2pc, 14.8pc per annum and 4.1pc per annum respectively. Over 10 years returns were 6.7pc per annum...
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