The one-year returns of this fund, at 30.9 per cent, may appear tame in relation to the category average of 43.3 per cent. But this will not be an apples-to-apples comparison as this fund is far more conservatively managed than others in the hybrid-equity-oriented category. Its low-volatility returns made it climb to four- or five-star ratings since end 2012. Strategy: This fund follows the
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