We feature Established funds in order to assist advisers who may be required to assess and monitor such funds for their existing businesses.  For information, our Established list definition is as follows:

“Established funds are actively-managed funds that we have assessed quantitatively and qualitatively and satisfy our thresholds with regard to quality and value for money.  Quality is defined as our assessment of a fund manager’s abilities, experience and resources in the context of a fund’s objectives.  Value for money is defined as our assessment of the fund’s potential to add value, net of fees, over and above a specified and understandable reference point.

Established funds have positive attributes and utility features that can be clearly articulated but they are at or near to full capacity in terms of their assets under management.  Asset managers may have ceased active marketing and/or the funds may be soft or hard-closed.  We feature Established funds in order to assist advisers who may be required to assess and monitor such funds for their existing businesses.”