Aggressive Player

Painful as its slump was in 2011, we still think it remains a more-than-respectable choice. With an equity allocation capped at 75 per cent, the fund manager never hesitated to touch this limit. Last year the equity exposure of the fund averaged around 73 per cent. Nevertheless, we don’t believe this was the sole cause of its poor performance. In fact, the allocation was in line with the category average. Where the fund did get hit was in its exposure to s

This article was originally published on July 02, 2012.