LONDON, Nov 6 (Reuters) - F&C Asset Management's (FCAM.L) Sterling enhanced
cash fund was the top performer among British-registered money market funds in
October, data from Thomson Reuters fund research firm Lipper showed on Friday.
The fund LP65067828, managed by Jeff Grow, was up 1.89 percent in the
month although it is down 3.49 percent over the 12 months. Allocation data
collected by Lipper at end-September showed the fund has about 80 percent in
fixed income, but cash was still at 12 percent.
A U.S.-focused Barclays (BARC.L) fund and a Russell Investments active
currency fund were the weakest performers in the month.
Following are tables of the best and worst performers in October among money
market funds listed in the Lipper Global indices and registered for sale in
Britain. Performance is shown in the fund's local currency and may reflect
declared dividends.
The tables use the latest available data and strip out funds with the
smallest level of assets, as well as some funds which price less regularly.
FUND LEADERS
Fund name 1 mth(%) 3 mth 1 yr 3 yr 5 yr
1. F&C Sterling Enhanced 1.89 3.88 -3.49
Cash 4 Acc LP65067828
2. M&G High Interest A Inc 1.45 3.01 5.24 7.93 16.27
LP60010410
3. LODH Invest - European 1.11 3.82 1.89 -6.22 -2.07
Short Term P A LP60034711
4. BGI Sterling Liquidity 0.88 1.90 0.08 8.45 18.80
Plus Intl LP65052805
5. Legg Mason Euroland Cash 0.87 3.30 7.66 10.74 14.59
A Acc EUR
FUND LAGGARDS
Fund name 1 mth(%) 3 mth 1 yr 3 yr 5 yr
1. Barclays Intl (US Dollar) -0.56 -0.70 -1.44 4.47 11.17
Reserve LP60000651
2. RIC III Active Currency A -0.52 -0.80 0.35 0.43
Acc EUR Hdg LP65028115
3. Barclays Intl (Sterling) -0.44 -0.54 -0.52 9.00 18.32
Reserve LP60000648
4. RBC International -0.08 -0.16 -0.30 6.70 13.23
Currencies USD LP60005314
5. RBC International -0.07 -0.17 -0.11 9.31 17.94
Currencies GBP LP60005312
Lipper, a Thomson Reuters company, is a fund research and analysis
organisation, providing independent insight on global collective investment
including mutual funds, retirement funds, hedge funds, fund fees and fund
expenses to the asset management and media communities.
Lipper data covers 196,000 share classes and more than 108,000 funds in 57
registered-for-sale universes. It provides the free Lipper Leader ratings for
mutual funds registered for sale in 27 countries. Additional information is
available at www.lipperweb.com.
(Compiled by Joel Dimmock; Editing by Andrew Macdonald)
