BUYER BEWARE – don’t be fooled by “style drift”

Posted by Paul Philip

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style drift

style driftWhen you hear the term STYLE DRIFT, the first thing that might come to mind is that you’re dressed in last year’s fashions, or that you’ve made a fashion faux pas. However, STYLE DRIFT is a much more serious issue, it refers to a fund manager moving away from their stated objectives and can make the fund returns misleading. When you own something you haven’t actually intended on purchasing…. 

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