Recommended Platform Funds Performance

Sue58

I received this link/list from UKmoneysite regarding funds recommended by Best invest, HL & Fidelity. Fidelity came out top. Click the second link below and view the embedded version - no download required.

https://www.ukmoneysite.com/uk-recommended-fund-list-review


https://community.yodelar.com/hc/en-gb/articles/115002347249-Recommended-Fund-Lists-Performance-Review

Sue58

Sorry, I've just realised that the links in my OP didn't work!! Hope they work OK now?

ColdIron

The second link won't won't while you have 2 spaces between the dot and pdf. I once downloaded something from moneysite and had weeks of mails from some chap trying to interest me in something I forget

Sue58

ColdIron wrote: »

The second link won't won't while you have 2 spaces between the dot and pdf. I once downloaded something from moneysite and had weeks of mails from some chap trying to interest me in something I forget

Really sorry about this I'm absolutely useless at this, however now the second link is working and you don't have to download the report just read the embedded version on the link just below the download button! I think I've got there in the end!! Second link below.

https://community.yodelar.com/hc/en-gb/articles/115002347249-Recommended-Fund-Lists-Performance-Review

StellaN

Sue58 wrote: »

I received this link/list from UKmoneysite regarding funds recommended by Best invest, HL & Fidelity. Fidelity came out top. Click the second link below and view the embedded version - no download required.

https://www.ukmoneysite.com/uk-recommended-fund-list-review


https://community.yodelar.com/hc/en-gb/articles/115002347249-Recommended-Fund-Lists-Performance-Review

I'm really not sure about this report although the figures may indeed be factual?

For instance, it says the Lindsell Train UK Equity and also the Lindsell Train Global fund in the HL list are poor funds! This is because they will only consider funds as top or mediocre if they achieve great/good results over all periods in the report ie. 1, 3 and 5 year periods. Therefore, because the Lindsell Train funds have not performed as well in the past year (although very well over 3 and 5 years) they are deemed to be poor funds!

So basically, any fund has to deliver consistently over all periods in the report to merit mediocre or top!

aajax42

StellaN wrote: »

I'm really not sure about this report although the figures may indeed be factual?

For instance, it says the Lindsell Train UK Equity and also the Lindsell Train Global fund in the HL list are poor funds! This is because they will only consider funds as top or mediocre if they achieve great/good results over all periods in the report ie. 1, 3 and 5 year periods. Therefore, because the Lindsell Train funds have not performed as well in the past year (although very well over 3 and 5 years) they are deemed to be poor funds!

So basically, any fund has to deliver consistently over all periods in the report to merit mediocre or top!

Isn't that a good thing?

jamei305

If you read how Trustnet allocate their crown ratings you will see there is a lot more to it than simply looking at % gain or loss over a set period:

https://www.trustnet.com/learn/learnaboutinvesting/FE-Crown-Fund-Ratings.html

Sally57

aajax42 wrote: »

Isn't that a good thing?

Some of the best top rated funds on Trustnet and Morningstar etc can have an off year mainly because of the sector or asset classes they are invested. Therefore, IMHO it is quite ridiculous to say a particular fund is 'poor' because they have not quite performed to their usual standard over the past year.

I would of thought quite the opposite really because you should look at the funds long term achievements ie. over 10 years and if years 2 to 10 are consistently good then are you going to say its a 'poor' fund because of the past year (year 1) as a standalone critique!

colin68

I have have used UK Moneysite for quite some time and find their info to be really helpful especially the free portfolio review which was a great exercise. They do have a sister brand called yodelar.com that recently launched which gives even more info and well worth a look.

jamei305

colin68 wrote: »

I have have used UK Moneysite for quite some time and find their info to be really helpful especially the free portfolio review which was a great exercise. They do have a sister brand called yodelar.com that recently launched which gives even more info and well worth a look.

Oh really? Awfully kind of you to go to the trouble of registering an account to let everyone know how much you like that website.

aajax42

https://forums.moneysavingexpert.com/discussion/5643670Just a little more information.