Fund returns have continued to fall over the summer, with the average unit trust now down by more than 20 per cent for the past year. Govett US Bear continues to top the tables, reflecting the poor performance of US equity markets.
Corporate bond funds have been the best performers of the past 12 months, with five now inside the top 10. The corporate bond sector is now one of only four Autif sectors to have averaged a positive return over 12 months, the others being UK other bond, UK gilt and property.
