Rathbone Recovery: Qual. Rating Issued
Rathbone Recovery lacks strong appeal at this point.
"Rathbone merged its Special Situations and Smaller Companies funds in July 2009. This fund carries the track record of the small-cap fund but a new strategy was introduced to capitalize on market conditions, so that record has little relevance. The launch smacks a little of trend-hopping given recent events, but in fairness the strategy--if well executed--should work through all stages of the economic cycle...."
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