With this week's BoE monetary policy announcement marking six years of rates being held at a record low level of 0.5%, Investment Week looks at the funds which have produced the best performance over the period.
The Bank of England felt under pressure to act on 5 March 2009, when it cut rates to their current level, but that month also marked the bottom for most global equity markets. The lack of a rate hike since 2009 - despite several false dawns along the way - speaks volumes about the disconnect between asset prices and the real economy. So while savers have had a tough time of it, fund buyers have been able to capitalise on a prolonged period of equity market exuberance. Whether asset prices do well in a rising rate environment remains to be seen. Below are the ten top-performing fund...
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