Not exact matches
Indeed, South African active
equity managers
underperformed their benchmarks in all
equity fund
categories and over all time horizons.
Managers focusing on a particular size segment did not fare favorably, with 72.92 %
underperforming in the Brazil Large - Cap
Equity category and 69.77 %
underperforming in the Brazil Mid / Small - Cap
Equity category.
While the fund beat the
category average in 3, 5 and 10 year period, UTI
Equity Fund
underperformed in the past year.
There were 74 %, 69 %, and 59 % of funds in the Australian
Equity Mid - and Small - Cap, Australian Bonds, and Australian
Equity General
categories, respectively, that
underperformed their respective benchmarks.