Among the offerings on that list:
- American Century Equity Income
- Heartland Value
- RS Partners
- Vanguard Health Care
Capturing the worst growth fund title were Morgan Stanley International Magnum Portfolio, Principal Blue Chip, and STI International Equity.
The best aggressive funds included: ABN AMRO Mid Cap, Dodge & Cox Stock, Fidelity Canada and Invesco Leisure while their counterparts on the worst list included Davis International Total Return, AIM Global Utilities, John Hancock International and Scudder European Equity.
The best balanced funds lineup included: First Eagle Overseas, T Rowe Price Capital Accreditation; while their opposite numbers included EquiTrust Managed Portfolio and Rydex Juno Fund.
At the same time, RiskMetrics looked at UK Unit Trusts and OEIC evalations.
There, the best growth funds included:
- Aberforth UK Small Companies
- Fidelity Special Situations
- Jupiter High Income
- Scroder UK Small Companies Acc
Making the worst growth funds list were CIS Environ and Elite Lange & Cruichshank Bal Trust.
On RiskMetrics’s best aggressive growth fund list were Fidelity European, Aberdeen Asia Pacific, Govett US Bear and Halifax Far Eastern A. Worst aggressive fund: LeggMason UK Emerging Growth
This risk-adjusted evaluation incorporates managers’ proficiency in managing risk over an extended period. The quantitative approach isolates those funds and unit trusts/OEICs that have provided the greatest risk-adjusted out-performance, while maintaining the most stability over the last five years. RiskMetrics Group rates all publicly traded equity mutual funds in the US and unit trusts/OEICs in the UK.
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