Insight Diversified Target Return Fund rated

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Insight Diversified Target Return Fund rated

The Insight Diversified Target Return Fund has been awarded an A rating by the Old Broad Street Research (OBSR) rating company.

According to the company, its fund, which has a net value of £60.8 million, is the only multi-manager, multi-asset class product to offer an absolute return available to UK investors.

It celebrated its first anniversary on December 31st 2005 with an absolute return of 10.5 per cent and a volatility level of 2.85 per cent.

The OBSR A rating, which focuses on both qualitative and quantitative factors, defines the fund as "highly commendable".

"We are delighted to receive this rating from such a well respected industry body. The fund has only just celebrated its first anniversary and is already receiving industry recognition," said Frank McGarry, director of intermediary sales at Insight.

The company claims that stability is offered through the Insight Diversified Target Return Fund as it gives the flexibility of investing in a diverse range of assets, including equities, commodities and real estate.

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