Fund research group Rayner Spencer Mills has added eight funds to its rated list as it puts two under review.
The ratings group said it now had 322 funds on its rated list after adding funds from major groups including Invesco Perpetual and F&C Investments as well as boutiques Somerset Capital Management and Guinness Asset Management.
Geoff Mills, group director, said Franklin Templeton’s China fund, run by Mark Mobius, and the Allianz US Equity fund, run by Steve Berexa, had been placed under review.
He added Martin Currie’s Japan fund had been removed following its merger with the company’s Japan Alpha fund.
“We continually examine all our rated funds to ensure that they meet both their targets and our requirements for our stamp of approval,” Mr Mills said.
“This is proven as after careful consideration and following meetings with the fund managers of The Boston Company US Opportunities fund from the BNY Mellon stable, which was placed under review in February, we feel confident that they deserve to retain the RSMR rating.
“We will now analyse the two funds currently placed under review to determine whether they still meet our requirements in being an RSMR rated fund.”
| Funds added to Rayner Spencer Mill’s rated fund list |
| Somerset Emerging Markets Dividend Growth |
| First State Worldwide Sustainability |
| Invesco Perpetual Global Targeted Returns |
| Kames UK Equity Absolute Return |
| Vanguard US Equity Index |
| F&C European Growth & Income |
| Guinness Global Equity Income |
| UBS US Equity |
