Many investors will want to see returns over more than a three year period before committing to a fund, so what about new launches?
Thursday 07 Feb 2019 Author: Holly Black
Investors are often told they should wait until a fund has a track record of at least three years before they trust their money to it. This is, it is said, long enough for the manager to prove that their strategy works and that the fund will perform as promised. But a fund needs money to invest in order to produce that track record. It is something of a...