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TrustNet first with database of multi-manager UK funds

Fund information company TrustNet is rolling out what it believes is

the first database of all UK multi-manager funds, including manager

of manager products.

The database will include daily fund prices and comparative tables,

cumulative and discrete performance statistics, fund performance

charts, fund factsheets and multi-manager fund news.

To differentiate between investment strategies, the funds, in

conjunction with fund data house Financial Express, will be split

into four sectors – global, income and bond, managed and UK.

TrustNet says this will go one step further than the Investment

Management Association&#39s classifications by grouping together funds

with similar mandates to enable IFAs to compare them with their peers.

To mark the launch, TrustNet is also offering an education guide –

jointly sponsored by Solus and Scottish Widows – which gives an

in-depth explanation of how the funds differ from traditional unit

trusts and Oeics, how funds and managers are selected and the

structures and costs.

The guide can be found at www.trustnet.com/help/ multi-manager and

more information on the funds is available at

www.trustnet.com/ut/general/multi-manager.asp.

Sales & marketing director James Jones says: “Multi-manager funds

can provide investors with access to fund investment strategies that

would nor-mally be unavailable, so it is no surprise that the demand

for these products has been steadily increasing in the last few

years.”

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