According to the latest "dog fund"report from Tilney Bestinvest, investorshave more than £18bn stagnating in54 underperforming funds, up from37 last year. To qualify for the "Spotthe Dog" report, a fund has to haveunderperformed its benchmark in threeconsecutive years, and have done so bya cumulative total of at least 10% (andthe list only covers unit trusts/Oeics, notinvestment trusts).
We've listed the worst offenders in eachof the eight sectors covered by the reportin the table on the right. If you havemoney sitting in one of these funds, it'sworth at least taking another look at youroriginal reasons for buying the fund, andthen considering whether it's time to tradeit in for a tracker.
| Scottish Widows UK Select Growth | UK | £97 | -22% |
| SF Webb Capital Smaller Companies Growth | UK Smaller Companies | £77 | -48% |
| Aberdeen European Smaller Companies | Europe | £118 | -23% |
| Templeton Global Emerging Markets | Global Emerging Markets | £68 | -25% |
| Aberdeen Asia Pacific | Asia Pacific | £92 | -14% |
| Legg Mason IF Royce US Smaller Companies | North America | £122 | -21% |
| Schroder Japan Alpha Plus | Japan | £120 | -21% |
| Aberdeen World Equity | Global | £93 | -33% |
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