Balanced pooled funds record negative return in May

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Balanced pooled funds recorded a negative month on month median return of -4.5% last month, BNY Mellon Asset Servicing results show.

In addition, the one-year return fell to 20.8% last month, compared to 29.4% in the previous month. Over the three-year period to May the return was -1.0% per annum. However, the five and 10-yea...

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