Other funds: Targeted Absolute Return

Published by Philip Scott on 30 July 2015.
Last updated on 30 July 2015

According to trade body, the Investment Association, collectively we now have £899 billion invested in funds - pooled investment schemes sometimes referred to as unit trusts or OEICs.

But investing can be a tricky business, given the plethora of products on offer. In addition, investing is also a long-term business and there will be ups and downs, so patience is key. While there is no shortage of funds to choose from, finding fund managers who can deliver consistently is another matter.

Rob Gleeson, head of FE Research, a fund analyst, explains: "Generally, the most consistent managers are the ones with a strong core strategy. While they will have ups and downs across the business cycle, over multiple cycles they offer relatively stable returns."

To give you an idea of where you might want to squirrel away some cash, we've picked out 50 fund choices, as recommended by some of the UK's top fund-pickers. Our panel includes: Darius McDermott, managing director of brokers Chelsea Financial Services; Mark Dampier, head of research at Hargreaves Lansdown; Gavin Haynes, managing director of Whitechurch Securities; and Adrian Lowcock, head of investing at Axa Wealth.



These funds aim to deliver positive returns even when the market takes a downturn by using techniques, such as investing in multiple assets, while many use their ability to 'short' stocks.

49. NEWTON REAL RETURN - Five-year return: 24%

Tipped by Dampier, McDermott and Lowcock, this fund is managed by Iain Stewart. Lowcock says:"His focus is to look for companies where he can protect investors' cash before he looks to deliver capital growth."

50. STANDARD LIFE GARS - Five-year return: 29%

The second most popular play among our experts, this fund is almost £25 billion in size and is run by the firm's multi-asset team. Haynes says it uses multiple strategies such as equities, currencies and bonds to deliver to their investors.