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All-Share tracker funds outperform FTSE rivals

All-Share index trackers are set to outperform FTSE 100 index trackers for the second year in succession, according to M&G.

The All-Share index has returned 15 per cent compared with 9 per cent by the FTSE 100 since January 1999.

M&G says investors who have spread their investments over the broadly based All-Share index are better off for the second consecutive year.

Comparing £1,000 inv ested since 1999, an investment in the All-Share index would currently be worth £1,151. The same amount invested in the FTSE 100 would be worth £1,090.

M&G head of global analysis John Hatherly says: “The FTSE has been dragged down by persistent weakness in the telecoms sector which has more than outweighed strong performances by banks and pharmaceuticals.

“While the All-Share index has been subject to the same forces, it has been buoyed by strong returns from both small and midcap stocks, enabling it to outperform the FTSE 100 by 2.1 per cent in the year to date.”

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