Diversified Growth Funds – Stick or Twist

Diversified Growth Funds – Stick or Twist

In this paper we review the 10 year performance history of a sample of Diversified Growth Fund (DGF) managers and use techniques to analyse their performance and risk versus their objectives. We also seek to address what has driven shorter term performance and discuss whether DGFs still warrant their place in a client portfolio.


Partner, Investment Advisory

KPMG in the UK


Also on KPMG.com


Within this report we consider DGF returns since the broad creation of such funds; and identify particular periods which demonstrate both their strengths and shortfalls. We also reflect whether DGFs have met their performance and volatility objectives and how correlated this has been to the wider market. We also consider in more detail any themes/strategies that have driven both positive and negative performances and whether any lessons can be learnt.

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