Balanced funds post median 20.5% return in 2009

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Strong equity performance spurred a median 20.5% return for pooled balanced funds during 2009, latest BNY Mellon Asset Servicing CAPS figures reveal.

The performance measurement firm said pooled balanced funds returned 3.1% over the final three months of 2009. It said the results for pooled balanced funds were also positive over the three, fi...

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