Tilney Bestinvest has announced a number of changes to its buylist, with several funds being dropped while additions include the First State Asia Focus and Evenlode Income funds.
The list covers open-ended funds, investment trusts and ETFs and allocates them a star rating between one and five. Funds with between three and five stars are 'buy' funds, whereas lower funds merit reconsideration. Since the previous list was revealed in February, six funds have been dropped and nine added. Funds dropped from the list were FP Argonaut Absolute Return, Alliance Trust, AXA Distribution, AXA Framlington UK Smaller Companies, Investec UK Total Return and Newton Asian Income. The latter five only received a one star rating. Who are the worst offenders on Tilney Bestin...
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