Wednesday, December 1, 2010

Discovery Equity Fund first in its sector

Discovery Invest is a new kid on the block, launched and entered the investment world three years ago. However, the performance of its range of unit trusts has been credible, if not outstanding. The Discovery funds are managed by Investec, and many of these funds perform better than Investec's own funds.

Discovery's Equity Fund is first in the General Equity Fund sector over three years, which is quite an achievement considering threre are 72 funds in the sector. It also performs much better than Investec Equity Fund, which is near the bottom of the ranking. Are Investec's best people actually working for Discovery rather than for Investec?!

Click the link below for a report on Discovery Equity Fund. It's a good start, hopefully this fund can continue with its winning way.