Only four Cautious funds positive over the last year

Only four of the 20 largest funds in the Cautious Managed sector have produced positive returns over...

Only four of the 20 largest funds in the Cautious Managed sector have produced positive returns over the last year, JPMorgan research has revealed. The group's Cautious Total Return offering is one of the few positive performers over 12 months to the end of March and has doubled in size over the past 10 months. According to the group, it also has the lowest volatility of the four positive performers. Head of UK retail sales Jasper Berens said cautious investors have sought refuge from poorly-performing bonds and volatile property mandates and Cautious Total Return has been an obvious ...