Balanced funds post 3.5% return for February

Jonathan Stapleton
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Balanced pooled funds posted a positive return for February 2010 with a median of 3.5%, latest BNY Mellon Asset Servicing CAPS figures reveal.

The performance measurement firm said the one-year return has improved from 24.3% in January to 35.9%. Over the three-year period to February 2010, the return was 1.3% per annum. The five and te...

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