Trustnet Launches Independent Absolute Return Sector for UK Funds

20 April 2007

Trustnet, the UK’s leading free and independent website for fund information, has launched a new sector to highlight Absolute Return funds.

The Trustnet Absolute Return sector has been devised and implemented by Financial Express to enable retail investors and financial advisers to view funds with similar goals. In line with Trustnet’s familiar approach to fund research, the sector is complemented by an education guide and will also include additional, independent analysis.

The sector’s methodology and constituent fund list will be driven by the same processes of validation and quality that are applied to all Financial Express products and services, making it the UK’s leading provider of web based investment tools and fund research solutions. The Financial Express data team will manage and maintain the sector at all times.

cru Investment Management
As stated in their recent announcement, cru Investment Management are supporters of the new sector, however it should be made clear that the Trustnet sector methodology and constituents may differ from cru’s in-house view and study of Absolute Return funds. The Trustnet Absolute Return sector is an independent service and not related cru Investment Management.

Investment Management Association (IMA)
Trustnet, and all companies within the Financial Express group, remains fully committed to the IMA sectors and will continue to support and disseminate performance measurement and analysis about funds in accordance with the IMA’s sector classification system.

Trustnet’s has more than 10 years experience serving the needs of UK investors and financial advisers. Trustnet’s success has been achieved through its independent and consistent presentation of, and views about, the funds market.

Paul Wynne, Financial Express head of marketing and communications says:

“The Absolute Return fund market may seem elusive at times, and this new sector enables Trustnet readers to identify the players, review their performance alongside their peers, and most importantly learn more about the strategies deployed by absolute return fund managers.”

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