Rathbone Recovery: Qual. Rating Issued
Rathbone Recovery lacks strong appeal at this point.
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"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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