Adventurous, balanced or cautious, Maria Merricks looks at this season's most popular funds for ISA investors...
ADVENTUROUS Multi-manager picks Helen Bradshaw, Co-manager Henderson MM Active The AXA US Short Duration High Yield fund is a diversified portfolio of high quality, short dated US non-investment grade companies run by a highly experienced team in the US. The securities have an expected maturity of three years or less and, as a result, the fund is less sensitive to interest rates risk than most traditional fixed income strategies. Another attractive feature is that it is run with an absolute return mind-set and has traditionally had a significantly lower level of volatility than t...
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