A quarter of UK unit trusts and Oeics have an annual portfolio turnover of more than 94.7%, accordin...
A quarter of UK unit trusts and Oeics have an annual portfolio turnover of more than 94.7%, according to research from Lipper Fitzrovia. The group said that typical holding period for stocks in UK funds is 21 months. Lipper added that funds investing either globally, or solely in the UK, have lower median portfolio turnover, 64.5% and 55.3% respectively, compared to funds investing in Europe which have a median portfolio turnover of 81.0%
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