Chris Jones: Focus your analysis process

'Pressure to pick top-performers'

clock • 2 min read

We know past performance is not a guide to future returns but an analysis of a fund's performance can be one indicator of how well the fund has been run to date, writes Chris Jones. To do this well, however, many more measures and data points are required

Despite the limitations of recent past performance, if an investor tries to find out anything about his or her investment on the internet, this is pretty much what they will find.  Whether it is numbers, graphs or ‘Best Buy' lists, it is pretty much the same information and for some years it has been mutually reassuring and self-congratulatory: it has all gone up, so why look any further? From a customer outcome perspective there are a number of problems with unit price returns.  Firstly, what happened to the unit price yesterday has a very big impact on so many headlines and the m...

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