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FOORD: Top Ranked Balanced Fund

Published

2006

Sun

27

Aug

  Data released by Standard & Poors Micropal shows that the Foord Balanced Fund is the top-ranked fund in the Prudential – Asset Allocation – Medium Equity sector over the year to date, 1, 2 and 3 year periods to 18 August 2006. Having been launched on 1 September 2002, the fund does not yet have a five-year track record.
The Foord Balanced Fund is not just top-ranked; it has substantially out-performed the average fund return over all major reporting periods:

Rank

# Funds

Foord

Sector Average

Variance

Year to date

1

34

15.73

9.96

5.77

1 Year

1

32

34.14

21.36

12.78

2 Years

1

24

39.28

30.96

8.32

3 Years

1

24

31.23

26.56

4.67

Source: Standard & Poors Micropal

The Foord Balanced Fund was a winner in the annual Standard & Poors Micropal Fund Awards held earlier this year. At the time, the fund was first over a one year period to 28 February 2006 out of 27 funds. The Foord Equity Fund was a co-winner, placing first out of 46 comparable funds over the same period.

More information on the unit trust funds can be obtained from our websites www.foord.co.za and www.foordinternational.com  
Source: FOORD Unit Trust Limited
 
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