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Defaqto: Fettered versus unfettered funds

Investment news for Financial Advisers & Paraplanners

19 Jun 2019

Defaqto: Fettered versus unfettered funds

Multi-manager funds, where the manager selects the funds they believe to be the best in each asset class for their portfolio (rather than investing in shares, bonds or other investments directly), can be either fettered or unfettered, Patrick Norwood explains in this article.

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