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Domestic bonds tops in Oz: Morningstar

Wednesday 21st of January 2009

Morningstar describes 2008 as the year most investors would prefer to forget. Multi-sector funds, the mainstay of many super funds took a hammering, and the Australian share market recorded its worst return in years, shedding 38.92% for the calendar year.

Active managers tended to outperform the index and most value managers were slightly more successful than growth managers. Outperform...

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