Rating company Scope assesses 6,800 funds: Theme funds are not any assure | EUROtoday

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Scope takes inventory on the finish of the 12 months: In December, the Berlin score and evaluation home reviewed the evaluation of round 6,800 funds in comparison with the earlier month. The consequence: extra funds deteriorated of their scores than improved. A complete of 272 funds acquired a greater grade than earlier than, however 342 additionally acquired a worse score. 84 merchandise had been evaluated for the primary time, of which 23 actively managed funds straight achieved a high score.

In the listing of the ten largest funds that had been upgraded in December, a product from Vontobel is on the high. The “Twenty-four strategic income fund”, which is now rated B, invests in international bonds from numerous market segments. According to Scope, the versatile strategy to fund administration has paid off to date. Over a interval of each 5 and three years, the fund’s efficiency of 0.3 % and -3.4 % per 12 months is above the common of the peer group of worldwide bonds in euros. However, the danger indicators volatility and most loss had been considerably larger than within the comparability group. The fund ranked twenty fifth out of 126 within the group.