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% |
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Cash in on the growth prospects of Europe's companiesOpinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
-
Is the AI boom another dotcom bubble?25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
