Legal & General Diversified Absolute Return

wombat42_2

I quite fancy this fund
http://www.h-l.co.uk/funds/security_details/sedol/B3DPCY0

It has performed well and seems to be a new breed of "absolute return" fund in being "diversified" rather than just being specifc to, for example, UK equities or bonds like the other absolute return funds (such as Blackrock Absolute Alpha). It can including anything long or short: shares, bonds, currency and commodities on a global basis.

purch

I quite fancy this fund

The name's too long, plus I won't invest in anything I can't guarantee to spell correctlly after 4 pints !!! :beer:

wombat42_2

purch wrote: »

The name's too long, plus I won't invest in anything I can't guarantee to spell correctlly after 4 pints !!! :beer:

Yeah but "DIVERSIFIED" is the new buzz word. Any fund with that word in its name is guaranteed to rocket. As explained in Bremner, Bird and Fortune, any fund with the word "ENHANCED" in it works wonders as well.

I am thinking of starting the:
"WOMBAT42 SUPER-DUPER ENHANCED DIVERSIFIED ABSOLUTE RETURN FUND"
:j